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non-financial incentives and test their effect on effort and performance of students. Our identification strategy exploits … cross-cohort experimental variation in assessment rules and within course variation in incentives to determine their impact … on the performance in exams. We find these incentives to result in an increase in grades of 2.4 marks or about 4%. The …
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provide powerful incentives and are superior to explicit incentive contracts when there are some fair-minded players. But …, which offer important new insights into the interaction of contract choices, fairness and incentives. …
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Incentives often distort behavior: they induce agents to exert effort but this effort is not employed optimally. This …
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