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The Negative Consequences of Loss-Framed Performance Incentives

Pierce, Lamar; Rees-Jones, Alex; Blank, Charlotte - 2022

framed”—prepaid then clawed back if targets are unmet. We test this claim in a large-scale field experiment. Holding …

Persistent link: https://www.econbiz.de/10013324669

Identifying Social Norms Using Coordination Games : Why Does Dictator Game Sharing Vary?

Krupka, Erin L.; Weber, Roberto A. - 2021

We explore the influence of social norms on behavior. To do so, we introduce a method for identifying norms, based on the property that social norms reflect social consensus regarding the appropriateness of different possible behaviors. We demonstrate that the norms we elicit, along with a...

Persistent link: https://www.econbiz.de/10013324755

WTP vs. WTA : Christmas Presents and the Endowment Effect

Schmidt, Christoph M.; Bauer, Thomas K. - 2021

Using data on the valuation of Christmas gifts received by students in different fields at a German university, we investigate whether the endowment effect differs between students of economics and other respondents and whether it varies with the market price of the object under consideration....

Persistent link: https://www.econbiz.de/10013324760

An Experimental Study of Sex Segregation in the Swedish Labour Market : Is Discrimination the Explanation?

Carlsson, Magnus; Rooth, Dan-Olof - 2021

This paper studies whether sex discrimination is the cause of sex segregation in the Swedish labour market. The correspondence testing (CT) method was used, which entails two qualitatively identical applications, one with a female name and one with a male name, being sent to employers...

Persistent link: https://www.econbiz.de/10013324803

Is it Your Foreign Name or Foreign Qualifications? An Experimental Study of Ethnic Discrimination in Hiring

Carlsson, Magnus; Rooth, Dan-Olof - 2021

This paper contributes to the existing literature on ethnic discrimination of immigrants in hiring by addressing the central question of what employers act on in a job application. The method involved sending qualitatively identical resumes signalling belonging to different ethnic groups to...

Persistent link: https://www.econbiz.de/10013324806

Alternative Approaches to Evaluation in Empirical Microeconomics

Blundell, Richard W.; Costa Dias, Monica - 2021

data requirements of each approach are discussed drawing on empirical evidence from the education and employment policy … evaluation literature. A workhorse simulation model of education returns is used throughout the paper to discuss and illustrate …

Persistent link: https://www.econbiz.de/10013324816

Cognitive Abilities and Behavioral Biases

Oechssler, Joerg; Roider, Andreas; Schmitz, Patrick W. - 2021

We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities. We find that higher test scores on the Cognitive Reflection Test of Frederick (2005)...

Persistent link: https://www.econbiz.de/10013324818

Subjective Performance Evaluation and Inequality Aversion

Grund, Christian; Przemeck, Judith - 2021

Many firms use subjective performance appraisal systems due to lack of objective performance measures. In these cases, supervisors usually have to rate the performance of their subordinates. Using such systems, it is a well established fact that many supervisors tend to assess the employees too...

Persistent link: https://www.econbiz.de/10013324841

Selection and Mode Effects in Risk Preference Elicitation Experiments

von Gaudecker, Hans-Martin; van Soest, Arthur; … - 2021

We combine data from a risk preference elicitation experiment conducted on a representative sample via the Internet … with laboratory data on students for the same experiment to investigate effects of implementation mode and of subject pool … selection. We find that the frequency of errors in the lab experiment is drastically below that of the representative sample in …

Persistent link: https://www.econbiz.de/10013324852

Physicians' Multitasking and Incentives : Empirical Evidence from a Natural Experiment

Dumont, Etienne; Fortin, Bernard; Jacquemet, Nicolas; … - 2021

We analyse how physicians respond to contractual changes and incentives within a multitasking environment. In 1999 the Quebec government (Canada) introduced an optional mixed compensation system, combining a fixed per diem with a discounted (relative to the traditional fee-for-service system)...

Persistent link: https://www.econbiz.de/10013324869