return for taking on underserved tasks, and this prioritization increases as incentives power up. Bonuses may additionally be … used when incentives are sufficiently high-powered, but the optimal bonus is often non-monotone in the strength of … incentives. Our results have important implications for the design of worker reward programs on freelancing platforms such as …

Empirically, compensation systems generate substantial effort despite weak monetary incentives. We consider reciprocal … motivations as a source of incentives. We solve for the optimal contract in the basic principal-agent problem and show that … sources of incentives to best induce effort from the agent. Analyzing extended versions of the model allows us to examine how …

, increasing the number of different wages reduces the agent's expected utility without providing strong additional incentives …

, increasing the number of different wages reduces the agent's expected utility without providing strong additional incentives …

, increasing the number of different wages reduces the agent's expected utility without providing strong additional incentives …