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 …

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 …

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …