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The market for retail financial products (e.g. investment funds or insurance) is marred by information asymmetries. Clients are not well informed about the quality of these products. They have to rely on the recommendations of advisors. Incentives of advisors and clients may not be aligned, when...
Persistent link: https://www.econbiz.de/10011530065
The market for retail financial products (e.g. investment funds or insurances) is marred by information asymmetries. Clients are not well informed about the quality of these products. They have to rely on the recommendations of advisors. Incentives of advisors and clients may not be aligned,...
Persistent link: https://www.econbiz.de/10009515366
The underrepresentation of women at the top of hierarchies is often explained by gender differences in preferences. We find support for this claim by analyzing a large dataset from an online card game community, a stylized yet natural setting characterized by self-selection into an uncertain,...
Persistent link: https://www.econbiz.de/10011449213
The underrepresentation of women at the top of hierarchies is often explained by gender differences in preferences. We find support for this claim by analyzing a large dataset from an online card game community, a stylized yet natural setting characterized by self-selection into an uncertain,...
Persistent link: https://www.econbiz.de/10013001861
We conduct a real-effort experiment to test whether workers reciprocate generous wages by managers when workers are …
Persistent link: https://www.econbiz.de/10013021527
tournament-based scheme vs. a fixed pay scheme. The experiment allows for the measurement of creative productivity, risk … fundamentally from previously found patterns. Agents did not self-select into the tournament scheme according to their creative … most creative agents into the tournament is that there exist substantial misjudgments of relative creative productivity …
Persistent link: https://www.econbiz.de/10013024136
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10012992590
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament …
Persistent link: https://www.econbiz.de/10012993369
Championships, where a rule change in 2009 basically constituted a natural experiment that introduced one costless opportunity for … ; natural experiment …
Persistent link: https://www.econbiz.de/10009737429
effect of observing a peer from that of being observed by a peer, by setting up a real effort experiment in which we …
Persistent link: https://www.econbiz.de/10009777770