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In experimental games, task-related incentives are payments to experimental subjects that vary according to their …-form games under task-related incentives of conventional magnitude and compared them with choices and reasons in the same games … under incentives five times as large. Both strategy choices and self-reported reasons for choices were almost …
Persistent link: https://www.econbiz.de/10011848336
others'. The choice of the mechanism generates informational incentives as it affects what information is acquired before …
Persistent link: https://www.econbiz.de/10012844328
In this paper we study the optimal file-sharing mechanism in a peer-to-peer network with a mechanism design perspective. This mechanism improves upon existing incentive schemes. In particular, we show that peer-approved scheme is never optimal and service-quality scheme is optimal only under...
Persistent link: https://www.econbiz.de/10014194982
This paper studies a simple setting in which the contractual arrangements which determine the incentives for agents are …
Persistent link: https://www.econbiz.de/10014137334
This paper studies a simple setting in which the contractual arrangements which determine the incentives for agents are …
Persistent link: https://www.econbiz.de/10014141846
This paper studies the optimal disclosure of information about an agent's talent when it consists of two components. The agent observes the first component of his talent as his private type, and reports it to a principal to perform a task which reveals the second component of his talent. Based...
Persistent link: https://www.econbiz.de/10015046363
In a laboratory experiment with 754 participants, we study the canonical one-shot moral hazard problem, comparing … treatments with unobservable effort to benchmark treatments with verifiable effort. In our experiment, the players endogenously …
Persistent link: https://www.econbiz.de/10014105234
Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that …
Persistent link: https://www.econbiz.de/10010365905
Economists and management scholars have argued that the scope of incentives to increase cooperation in organizations is … prevailing cooperation levels among employees before they can set incentives to promote cooperation. In addition, employees …-liefs about the cooperativeness of others. Incentives hence have strong positive effects on cooperative beliefs, irrespective of …
Persistent link: https://www.econbiz.de/10014227737
crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …
Persistent link: https://www.econbiz.de/10011946785