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(observation of peers) and information about the payoff-maximizing effort level (coaching) as treatment variables. Presentation of … decisions of second movers were positively influenced (in terms of payoffs) by coaching when this information was presented …This paper uses experimental data to analyze how competitive behavior is influenced by coaching and peer observation …
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This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through …-takes-all tournament. We find that, regardless of the pay scheme used, feedback does not improve performance. There are no significant peer …
Persistent link: https://www.econbiz.de/10010268675
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
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Attention is a pivotal resource in the modern economy and plays an increasingly prominent role in economic analysis. We summarize research on attention from both psychology and economics, placing a particular emphasis on its capacity to explain numerous documented violations of classical...
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where they receive information about SMEs and their determinants. Research questionnaires were distributed to 156 consumers … model. The studies showed that consumers obtain market information through word-of-mouth and digital media. Older consumers … tend to receive information through word-of-mouth, while consumers who rarely interact with others or who are educated or …
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