stimulate effort. Through a real-effort artefactual field experiment with factory workers and university students as a … comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may … rank-based financial incentives. Our results show that performance-ranking information had a significant motivational …

-averse investors buy more of the safe asset. Applying this intuition to incentive pay contracts, we develop a model and an experiment … that show, in a very general setting, that the choice between work effort and leisure under given linear incentives depends …

I show that stochastic contracts generate powerful incentives when agents suffer from probability distortion. When … optimal. A theoretical framework and an experiment demonstrate that stochastic contracts implemented with small probabilities …

Whether monetary incentives to change behavior work and how they should be structured are fundamental economic … questions. We overcome typical data limitations in a large-scale field experiment on vaccination (N = 5, 324) with a unique combi …-nation of administrative and survey data. We find that guaranteed incentives of $20 increase uptake by 13 percentage points in …

Whether monetary incentives to change behavior work and how they should be structured are fundamental economic … questions. We overcome typical data limitations in a large-scale field experiment on vaccination (N = 5, 324) with a unique … combination of administrative and survey data. We find that guaranteed incentives of $20 increase uptake by 13 percentage points …

This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. Subjects …

Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental … prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …