Real-effort experiments are frequently used when examining a response to incentives. For any particular real …-effort task to be well-suited for such an exercise, subjects' cost for exerting effort must, for the range of incentives … nonmonetary incentives. However, despite its increasing use, a simple between-subject examination of the slider task's response to …

Incentives are the essence of economics, and the question of how workers’ choices of effort and work hours respond to … financial incentives is among the oldest questions in labor economics. Many efforts have already been devoted to understanding … substitution effect. However, inconsistent with predictions of neoclassical model and behavioral model based on prospect theory …