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We study how help can be fostered by means of a team bonus in the presence of rank-order tournaments. In a simple model … we combine elements of relative rewards and a team bonus and study their effect on effort, help and sabotage. Quite … intuitively the theoretical analysis suggests that team members help less as relative rewards increase. This problem is mitigated …
Persistent link: https://www.econbiz.de/10011997551
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort … provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production …
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 … provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production …
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 … provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production …
Persistent link: https://www.econbiz.de/10010530634
dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than …-subjects design we re-examine group polarization by letting subjects make individual as well as team decisions in an experimental …
Persistent link: https://www.econbiz.de/10011349704
The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly models. The concept applies to normal form games enriched by a reference structure specifying a reference group for every player. The reference group is a set of other players, whom...
Persistent link: https://www.econbiz.de/10011538885
We experimentally investigate the effect of a dominated contract in team production, which punishes low output but does …
Persistent link: https://www.econbiz.de/10013238222
This paper experimentally explores group decision-making in a two-player power-to-take game. Discussions preceding group decisions are video taped and analyzed. Each subject first earns an income in an individual effort task preceding the game. The game consists of two stages. First, one group...
Persistent link: https://www.econbiz.de/10011539904
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we …
Persistent link: https://www.econbiz.de/10003878997
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …
Persistent link: https://www.econbiz.de/10003379095