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This paper presents an experiment that evaluates the effect of financial incentives and complexity in political science … complexity promotes the highest degree of level-k strategic reasoning in every payment treatment. Standard financial incentives … voting experiments. To evaluate the effect of complexity we adopt a level-k reasoning model concept. This model by Nagel [1 …
Persistent link: https://www.econbiz.de/10010369371
This paper presents an experiment that evaluates the effect of financial incentives and complexity in political science … complexity promotes the highest degree of level-k strategic reasoning in every payment treatment. Standard financial incentives … voting experiments. To evaluate the effect of complexity we adopt a level-k reasoning model concept. This model by Nagel [1 …
Persistent link: https://www.econbiz.de/10010242048
patents affect patenting incentives. We show that lower technological opportunities increase patenting incentives in complex … technologies while they decrease incentives in discrete technologies. Also, more competitors increase patenting incentives in …
Persistent link: https://www.econbiz.de/10009012623
rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to …Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded … cause large shifts in behavior. Our results illustrate important implications of complexity for designing and regulating …
Persistent link: https://www.econbiz.de/10014311541
rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to …Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded … cause large shifts in behavior. Our results illustrate important implications of complexity for designing and regulating …
Persistent link: https://www.econbiz.de/10014309731
Standard economics models require that financial incentives improve performance, while leading theories in psychology …
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