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conclude that transparency does not weaken, but strengthen career concerns incentives …
Persistent link: https://www.econbiz.de/10014075397
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
the theoretical benchmark with behavior observed in a one-shot experiment. …
Persistent link: https://www.econbiz.de/10011997551
the effects of different incentive schemes (competition, social or increased monetary incentives) on performance of young … competitiveness found in the literature, we do not find a significant age difference in competitiveness. Social incentives have an at … least as strong or even stronger effect on performance than increased monetary incentives. This effect is driven by men …
Persistent link: https://www.econbiz.de/10009526203
make a voluntary payment, a bonus, after observing advice quality. While the combination of competition and reputation …. Thus, our results suggest that a voluntary component can act as a substitute for either competition or reputation …
Persistent link: https://www.econbiz.de/10011881706
We conduct a field experiment where we vary both the presence of a gift-exchange wage and the effect of the worker …
Persistent link: https://www.econbiz.de/10012064798
benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen … (1981) tournament model. In a second experiment, we investigate the effectiveness of corporate value statements to encourage …
Persistent link: https://www.econbiz.de/10010457828
introduce a new type of tournament into the literature: premium incentives. While premium incentives, just like fixed … minimization, we are able to show that premium incentives outperform fixed-prize tournaments as well as piece rates. Our … theoretical result is qualitatively confirmed by a controlled laboratory experiment and has important practical implications for …
Persistent link: https://www.econbiz.de/10003980512
Drawing on the proposer-responder game examined by Andreoni, Harbaugh, and Vesterlund (2003), I experimentally test four variations of a principal-agent relationship with fixed pay and real effort. Depending on the treatment, the principal can voluntarily, but at her own expense, (1) only reward...
Persistent link: https://www.econbiz.de/10012769841
the theoretical benchmark with behavior observed in a one-shot experiment …
Persistent link: https://www.econbiz.de/10012870216