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We examine three tools that can enhance coordination success in a repeated multiple-choice coordination game. Gradualism means that the game starts as an easy coordination problem and moves gradually to a more difficult one. The Endogenous Ascending mechanism implies that a gradual increase in...
Persistent link: https://www.econbiz.de/10011188089
We use peer assessments as a tool to allocate joint profits in a real effort team experiment. We find that using this incentive mechanism reduces team performance. More specifically, we show that teams composed of fellows rather than strangers actually underperform in a context of peer...
Persistent link: https://www.econbiz.de/10010559844
In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their relative position in...
Persistent link: https://www.econbiz.de/10008833344
This paper investigates the role of social identity in reactions to control. We propose a simple principal-agent model with control that incorporates the existence of social groups. Our laboratory experiment shows that, in contrast to no-group agents, agents in social groups (i) perform better;...
Persistent link: https://www.econbiz.de/10010955220
This paper investigates the interaction of intrinsic and extrinsic incentives. We propose a simple principal …
Persistent link: https://www.econbiz.de/10010956717
We show in a laboratory experiment that the same method of group induction carries different behavioral consequences. These heterogeneous treatment effects can be directly related to the quality of the relationship established between the subjects. Our results indicate the importance of...
Persistent link: https://www.econbiz.de/10010956730
We study team formation in real-effort experiments in which participants bargain over a jointly produced outcome depending both on effort and ability. Participants decide between undertaking a task alone or with another participant by releasing the minimum share of the future team outcome that...
Persistent link: https://www.econbiz.de/10008597070
We study the effect on coordination in a minimum-effort game of a leader's gender depending on whether the leader is democratically elected or is randomly-selected. Leaders use non-binding messages to try to convince followers to coordinate on the Pareto-efficient equilibrium. We find that teams...
Persistent link: https://www.econbiz.de/10011653225
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10010272020
We show in a laboratory experiment that the same method of group induction carries different behavioral consequences. These heterogeneous treatment effects can be directly related to the quality of the relationship established between the subjects. Our results indicate the importance of...
Persistent link: https://www.econbiz.de/10010681780