heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and …Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this …, personality traits, economic preferences and socioeconomic background matter. Algorithmic assignment of payment schemes could …

heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and …Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this …, personality traits, economic preferences and socio-economic background matter. Algorithmic assignment of payment schemes could …

analysis. Formal rules are defined as obligations backed by incentives. The economic literature has largely studied the role of … material incentives in shaping individual behaviour. Yet, the role of obligations, i.e. what formal rules ask people to do or …-operators’ beliefs on others’ behaviour and by directly affecting social preferences. Our results shed a new light on the behavioural …

Laws and other formal rules are ‘obligations backed by incentives’. In this paper we explore how formal rules affect … exogenously requested minimum contributions (obligations) from those of the marginal incentives backing them. We find that … obligations have a sizeable effect on cooperative behavior even in the absence of incentives. When non-binding incentives are …

system. It allows the preferences of the politicians involved to be analysed with regard to the two potential errors of an … early warning system — missing a crisis and issuing a false alarm. These preferences might differ with the institutional …