Kleinlercher, Daniel; Huber, Jürgen; Kirchler, Michael - In: European Economic Review 68 (2014) C, pp. 137-150
the incentive scheme subjects face. In particular, prices of markets populated by subjects with bonus incentives show the … approximately rational as different incentives generate different optimal price levels. (iii) In markets where different subjects … have different incentive schemes we find that those with bonus incentives exhibit a riskier investment behavior and prefer …