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We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … incentives and become superior when there are also fair-minded players. These predictions are strongly supported by the results …
Persistent link: https://www.econbiz.de/10010440969
Persistent link: https://www.econbiz.de/10013428445
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We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral …
Persistent link: https://www.econbiz.de/10014460980
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … incentives and become superior when there are also fair-minded players. These predictions are strongly supported by the results …
Persistent link: https://www.econbiz.de/10011398105
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … incentives and become superior when there are also fair-minded players. These predictions are strongly supported by the results …
Persistent link: https://www.econbiz.de/10013321144
incentives through contracts. We provide experimental evidence that principals have a strong preference for less complete … which provides strong pecuniary incentives through an incomplete contract. Selfish principals free-ride and exploit the …
Persistent link: https://www.econbiz.de/10014171081
. This is not caused by monetary incentives per se since under both wage schemes it is profit-maximizing for agents to exert …
Persistent link: https://www.econbiz.de/10003863658
. This is not caused by monetary incentives per se since under both wage schemes it is profit-maximizing for agents to exert …
Persistent link: https://www.econbiz.de/10003854042
Persistent link: https://www.econbiz.de/10008902576