durables. Who opts into the transaction when given such incentives? We show theoretically and experimentally that increasing …

. We conduct a behavioral experiment that confirms these predictions, both for experimental variation in the costs of …

identifies the behavioral response to rank incentives (i.e., the incentives stemming from an inherent preference for high rank …). We find that rank incentives not only boost performance in the related assignment, but also increase the average grade …: rank incentives make students engage more in peer interactions, which lead them to perform significantly better across the …