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be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to …
Persistent link: https://www.econbiz.de/10014186505
be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to …
Persistent link: https://www.econbiz.de/10013141233
be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to …
Persistent link: https://www.econbiz.de/10013141393
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
Recent work in experimental economics on the effectiveness of rewards and punishments for promoting cooperation mainly examines decentralized incentive systems where all group members can reward and/or punish one another. Many self-organizing groups and societies, however, concentrate the power...
Persistent link: https://www.econbiz.de/10009578208
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010518803
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010528809
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010530634
This paper reports on the results of an experiment testing whether the agents selfselect between a competitive payment … scheme and a revenue-sharing scheme depending on their inequity aversion. Average efficiency should be increased when these … disadvantageous inequity aversion and risk aversion. In the second half of the experiment, the effect of individual preferences is …
Persistent link: https://www.econbiz.de/10014216314
Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a … laboratory experiment in which the choice of the job characteristics (i.e., the mission) is part of the compensation package that … and non-monetary incentives imperfect. These findings have implications for the design of incentives in mission …
Persistent link: https://www.econbiz.de/10010414760