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Using a laboratory experiment, we examine whether informal monetary sanctions can lead to better coordination in a … efficiency. This suggests that decentralized monetary sanctions can play a major role as a coordination device in Pareto …
Persistent link: https://www.econbiz.de/10010291833
Using a laboratory experiment, we examine whether informal monetary sanctions can lead to better coordination in a … efficiency. This suggests that decentralized monetary sanctions can play a major role as a coordination device in Pareto …
Persistent link: https://www.econbiz.de/10009567105
Abstract Driven by methodological concerns, theoretical considerations, and previous evidence, we systematically test the validity of common dictator-game variants with probabilistic incentives. We include four approaches and compare them to a standard dictator game: involving fewer receivers...
Persistent link: https://www.econbiz.de/10014118435
Persistent link: https://www.econbiz.de/10009722686
Sanctions are widely used to promote compliance in principal-agent-relationships. While there is ample evidence … confirming the predicted positive incentive effect of sanctions, it has also been shown that imposing sanctions may in fact … in case of low performance. -- Intrinsic Motivation ; Monetary Incentives ; Job Performance …
Persistent link: https://www.econbiz.de/10003944178
the students' performance under different incentive strategies. The results showed that there were significant mean … differences on the students' performance among the three treatment groups in the study, with the mix incentives having the highest …'s performance. Results of the estimation reveal that the mix incentive strategy has a significant effect on the performance and were …
Persistent link: https://www.econbiz.de/10012952969
We study how help can be fostered by means of a team bonus in the presence of rank-order tournaments. In a simple model we combine elements of relative rewards and a team bonus and study their effect on effort, help and sabotage. Quite intuitively the theoretical analysis suggests that team...
Persistent link: https://www.econbiz.de/10011997551
This paper studies monitoring and punishment behavior by second and third parties in a cooperation experiment with endogenous information structures: Players are uninformed whether the target player cooperated or defected at the cooperation stage, but can decide to resolve the information...
Persistent link: https://www.econbiz.de/10009771159
performance and the willingness to work in teams. In three different team environments, we find that such policies in form of … gender quotas do not harm performance and cooperation within teams, and do not weaken people's willingness to work in teams …
Persistent link: https://www.econbiz.de/10011588562
Economic theory suggests that performance pay may serve as an effective screening device to attract productive agents …. The existing evidence on the self-selection of agents is largely limited to job tasks where performance is driven by …
Persistent link: https://www.econbiz.de/10010498559