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Assessment and estimation of risk preferences

Holt, Charles A.; Laury, Susan K. - 2014

Persistent link: https://www.econbiz.de/10010366838

The effects of financial and non-financial incentives on the demand for a sustainable DRT system

Minnich, Aljoscha; Rau, Holger A.; Schlüter, Jan - 2020

This paper analyzes in a large-scale field experiment (N = 2,980) the incentive effects of monetary vs. non …

Persistent link: https://www.econbiz.de/10012223855

Comprehension in risk elicitation experiments

Rommel, Jens; Hermann, Daniel; Müller, Malte; … - In: Applied economics letters 24 (2017) 7/9, pp. 627-634

Persistent link: https://www.econbiz.de/10011713065

Chapter 4. Assessment and Estimation of Risk Preferences

Holt, Charles A.; Laury, Susan K. - In: Handbook of the economics of risk and uncertainty : volume 1, (pp. 135-201). 2014

This chapter surveys the rapidly growing literature in which risk preferences are measured and manipulated in laboratory and field experiments. The most commonly used measurement instruments are: an investment task for allocations between a safe and risky asset, a choice menu task for eliciting...

Persistent link: https://www.econbiz.de/10014025528

Strive to be first or avoid being last : an experiment on relative performance incentives

Dutcher, E. Glenn; Balafoutas, Loukas; Lindner, Florian; … - 2015

We utilize a laboratory experiment to compare effort provision under optimal tournament contracts with different … tournament contract incorporating both incentives at the top and at the bottom induces the highest effort, especially in larger …

Persistent link: https://www.econbiz.de/10011337036

Does competition enhance performance or cheating? : a laboratory experiment

Schwieren, Christiane; Weichselbaumer, Doris - 2008

our experiment subjects conduct a task where they have the possibility to make use of illegitimate tools to better their …

Persistent link: https://www.econbiz.de/10011343940

Strive to be first and avoid being last : an experiment on relative performance incentives ; conference paper

Dutcher, E. Glenn; Balafoutas, Loukas; Lindner, Florian; … - 2013

Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the … levels for three tournament incentive schemes: reward tournaments, punishment tournaments, and tournaments combining reward … and punishment. We test the model s predictions in a laboratory experiment and find that the combination of reward and …

Persistent link: https://www.econbiz.de/10010340563