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We utilize a laboratory experiment to compare effort provision under optimal tournament contracts with different … tournament contract incorporating both incentives at the top and at the bottom induces the highest effort, especially in larger …
Persistent link: https://www.econbiz.de/10011337036
Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the … levels for three tournament incentive schemes: reward tournaments, punishment tournaments, and tournaments combining reward … and punishment. We test the model s predictions in a laboratory experiment and find that the combination of reward and …
Persistent link: https://www.econbiz.de/10010340563
, meaning an influence of democratic instability on free trade agreements and vice versa. Using an online experiment with two …
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Using a lab experiment, we investigate the real-life performance of envy-free and proportional cake-cutting procedures … with respect to fairness and preference manipulation. We nd that envy-free procedures, in particular Selfridge-Conway, are … manipulate them. Our results support the practical use of the celebrated Selfridge-Conway procedure, and more generally, of envy …
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We use a limited information environment to assess the role of confusion in the repeated voluntary contributions game. A comparison with play in a standard version of the game suggests, that the common claim that decision errors due to confused subjects biases estimates of cooperation upwards,...
Persistent link: https://www.econbiz.de/10009690143