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Despite the prevalence of non-routine analytical team tasks in modern economies, little is known about how incentives … influence performance in these tasks. In a field experiment with more than 3000 participants, we document a positive effect of … bonus incentives on the probability of completion of such a task. Bonus incentives increase performance due to the reward …
Persistent link: https://www.econbiz.de/10011899201
Despite the prevalence of non-routine analytical team tasks in modern economies, little is known about how incentives … influence performance in these tasks. In a field experiment with more than 3000 participants, we document a positive effect of … bonus incentives on the probability of completion of such a task. Bonus incentives increase performance due to the reward …
Persistent link: https://www.econbiz.de/10011795030
Persistent link: https://www.econbiz.de/10012029410
incentives influence performance in these tasks. In a series of field experiments involving more than 5,000 participants, we … investigate how incentives alter behavior in teams working on such a task. We document a positive effect of bonus incentives on … those seen with bonus incentives, rendering it as a likely mediator of incentive effects. …
Persistent link: https://www.econbiz.de/10014487148
In this paper we investigate whether the framing of the incentives used to foster participation into contexts … characterized by high degrees of time pressure affects individuals' self-selection. At this aim we run a lab-in-the-field experiment …/punishment framing of incentives. We find that individuals characterized by a high degree of risk aversion perform worse under time …
Persistent link: https://www.econbiz.de/10012249515
Consider a principal-agent relationship in which more effort by the agent raises the likelihood of success. Does rewarding success, i.e., paying a bonus, increase effort in this case? I find that bonuses have not only an incentive but also an income effect. Overall, bonuses paid for success may...
Persistent link: https://www.econbiz.de/10003592884
Persistent link: https://www.econbiz.de/10012174979
Consider a principal-agent relationship in which more effort by the agent raises the likelihood of success. Does rewarding success, i.e., paying a bonus, increase effort in this case? I find that bonuses have not only an incentive but also an income effect. Overall, bonuses paid for success may...
Persistent link: https://www.econbiz.de/10011422168
incentives influence performance in these tasks. In a series of field experiments involving more than 5,000 participants, we … investigate how incentives alter behavior in teams working on such a task. We document a positive effect of bonus incentives on … those seen with bonus incentives, rendering it as a likely mediator of incentive effects. …
Persistent link: https://www.econbiz.de/10014467847
controlling for individual heterogeneity biases, it is shown that job utility rises only in response to 'generous' bonus payments …
Persistent link: https://www.econbiz.de/10010269686