How do peers influence the impact of incentives? Despite much work on incentives, little is known about the spillover … effects of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers …' incentives. In a field experiment on snack choice (grapes versus cookies), we randomize who receives incentives, the fraction of …

Little is known about how peers influence the impact of incentives. We investigate two mechanisms by which these … effects can occur: through peers' actions and peers' incentives. In a field experiment on snack choice in the school lunchroom … (choice of grapes versus cookies), we randomize who receives incentives, the fraction of peers incentivized, and whether or …

the most mass on this belief, followed by BDM and BSR. We also find that incentives increase accuracy for less … the difficulty of comprehending the task and how well incentives induce cognitive effort (thereby inducing subjects to …

This paper studies how hedge fund activism reshapes board monitoring, CEO incentives and compensation. I find that … activists target CEOs who have co-opted the board, have poor performance records and weak equity portfolio incentives, are less … oust underperforming CEOs, strengthen CEO incentives, and increase the use of RPE. CEO pay levels rise following activism …

' response to control and delegation when monetary incentives between agents and principals are not aligned, but little is known … about how such preferences influence the principle agent relationship when monetary incentives are aligned. Using a novel … that non-monetary preferences also generate hidden costs when principal and agent's monetary incentives are aligned …