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stimulate effort. Through a real-effort artefactual field experiment with factory workers and university students as a …
Persistent link: https://www.econbiz.de/10011407820
Measuring risk preferences in the field is critical for policy, however, it can be costly. For instance, the commonly used measure of Holt and Laury (2002) relies on a dozen lottery choices and payments which makes it time-consuming and costly. We propose a short version of the Holt and Laury...
Persistent link: https://www.econbiz.de/10012823766
We conducted a lab experiment with 253 participants to examine how constraints on bonus akin to bonus regulations, such …
Persistent link: https://www.econbiz.de/10012825335
stimulate effort. Through a real-effort artefactual field experiment with factory workers and university students as a …
Persistent link: https://www.econbiz.de/10013009501
risk-inducing. Using a novel, real-effort task experiment in the laboratory, we find that the relationship between …
Persistent link: https://www.econbiz.de/10013224108
We study risk taking on behalf of others in an experiment on a large random sample. The decision makers in our … experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or …
Persistent link: https://www.econbiz.de/10010206746
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-averse investors buy more of the safe asset. Applying this intuition to incentive pay contracts, we develop a model and an experiment …
Persistent link: https://www.econbiz.de/10011612830
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