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Nature conservation scientists and practitioners have voiced the concern that a conservation discourse based on economic arguments and monetary valuation may undermine conservation efforts by eroding ("crowding out") the influence of other arguments for nature conservation. This paper presents...
Persistent link: https://www.econbiz.de/10011279993
. Second, we examine some of the incentives faced by countries in coordinating their macroprudential policies and, thus, in …
Persistent link: https://www.econbiz.de/10012929692
Persistent link: https://www.econbiz.de/10002896225
The use of monetary incentives in experiments is a subject of intense debate in academic literature, since there is no … essential, others, however, dismiss its use. This article studies the influence that monetary incentives may or may not produce …
Persistent link: https://www.econbiz.de/10015332229
Persistent link: https://www.econbiz.de/10011748857
Rankings are prevalent information and incentive tools in labor markets with strong competition for talent. In a dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs when performance in one task is incentivized and ranked...
Persistent link: https://www.econbiz.de/10012831230
Rankings are prevalent information and incentive tools in labor markets with strong competition for talent. In a dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs when performance in one task is incentivized and ranked...
Persistent link: https://www.econbiz.de/10012833599
incentives and effort provision. To examine this issue, we design three experiments where subjects participate in two-player real …-effort tournaments with two prizes. Experiment 1 shows that subjects exert high effort even if there are no monetary incentives …, suggesting that non-monetary incentives are contributing to their effort choices. Moreover, increasing monetary incentives does …
Persistent link: https://www.econbiz.de/10012901088
monetary incentives. We use a unique data set containing information on digital labor flows from a major global online labor … of econometric identification: a depreciation of a country's currency against the U.S. dollar increases the incentives of … model, we find that monetary incentives induced by depreciations of foreign currencies against the U.S. dollar are …
Persistent link: https://www.econbiz.de/10012918510
The average worker in the US needs to work more than a year to earn his or her CEO's daily wage. The well-accepted justification among economists for these huge wage gaps is the necessity to achieve economic efficiency, in terms of efficient allocation in the labor market and incentivizing...
Persistent link: https://www.econbiz.de/10012988016