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In experimental games, task-related incentives are payments to experimental subjects that vary according to their strategy choices and the consequent outcomes of the games. Limited evidence exists regarding incentive magnitude effects in experimental games. We examined one-off strategy choices...
Persistent link: https://www.econbiz.de/10011848336
Monitoring by peers is often an effective means of attenuating incentive problems. Most explanations of the efficacy of mutual monitoring rely either on small group size or on a version of the Folk theorem with repeated interactions which requires reasonably accurate public information...
Persistent link: https://www.econbiz.de/10010267388
employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …
Persistent link: https://www.econbiz.de/10009578579
We study the role of norm violations and learning behavior in multi- and single-worker gift-exchange games and find that working with co-workers leads to a twofold effect. First, flexible wages yield moderately higher efforts than in the single-employee treatment. The data suggests that this is...
Persistent link: https://www.econbiz.de/10014175861
employees to accept lower wages as well? As an alternative to reviewing statistical data we have performed an experiment with a … that employers will not lower wages correspondingly and that employees will resist such wage cuts. Our experiment casts two …
Persistent link: https://www.econbiz.de/10014192066
We study how two dimensions of market conditions affect behavior in experimental gift-exchange markets with repeated interaction. First, we consider the impact of competitive imbalance, by varying whether there is an excess supply of firms or an excess supply of workers in the market. Second, we...
Persistent link: https://www.econbiz.de/10014144681
-assessments can be detrimental to workers' performance. In the controlled environment of a laboratory gift-exchange experiment, our …
Persistent link: https://www.econbiz.de/10010467800
-assessments can be detrimental to workers' performance. In the controlled environment of a laboratory gift-exchange experiment, our …
Persistent link: https://www.econbiz.de/10013027244
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
We use a ten-round online mind game to determine whether the effect of honesty nudges depends on timing and content. Reminding individuals about the right thing to do increases honesty. Including information that it is possible to assess an individual's dishonesty strengthens the effect of the...
Persistent link: https://www.econbiz.de/10013494041