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affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects …We examine how self-selection of workers into firms depends on the power of the firms' incentive schemes and how it … incentive to cooperate under team incentives are high. …
Persistent link: https://www.econbiz.de/10011381025
affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects …We examine how self-selection of workers into firms depends on the power of the firms' incentive schemes and how it … incentive to cooperate under team incentives are high …
Persistent link: https://www.econbiz.de/10013139790
strategy choices and the consequent outcomes of the games. Limited evidence exists regarding incentive magnitude effects in … parametric model, in which the incentive elasticity of effort is very small when compared with other factors, such as the …
Persistent link: https://www.econbiz.de/10011848336
Our study analyzes the consequences of workers' participation in the wage setting process on effort exertion. The experimental design is based on a modified giftexchange game where the degree of workers' involvement in the wage setting process is systematically varied among the workers. The...
Persistent link: https://www.econbiz.de/10010338138
We use a ten-round online mind game to determine whether the effect of honesty nudges depends on timing and content. Reminding individuals about the right thing to do increases honesty. Including information that it is possible to assess an individual's dishonesty strengthens the effect of the...
Persistent link: https://www.econbiz.de/10013494041
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011881706
paper proposes a theory of incentive design allowing for such distorted behavior. At the heart of the theory is a trade … proofs for various widely-spread perceived wisdoms about incentive design and distorted behavior. …
Persistent link: https://www.econbiz.de/10010344596
This paper studies how altruism between managers and employees affects relational incentive contracts. To this end we …
Persistent link: https://www.econbiz.de/10013082165
This paper studies how altruism between managers and employees affects relational incentive contracts. To this end we …
Persistent link: https://www.econbiz.de/10009739554
-assessments can be detrimental to workers' performance. In the controlled environment of a laboratory gift-exchange experiment, our …
Persistent link: https://www.econbiz.de/10010467800