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Many large listed firms offer workers the opportunity to buy shares in the firm at discounted rates through employee stock purchase plans (ESPP). The discounted rate creates a gift exchange, where the firm hopes that workers who accept the gift reciprocate with greater loyalty and effort. But...
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Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a … and non-monetary incentives imperfect. These findings have implications for the design of incentives in mission …
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incentives and wage gifts on creativity. We find that tournaments substantially increase creative output, with no evidence for …
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In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent …
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literature on incentives. For participants who roll the die, the experiment can be seen as a tool to randomly assign an incentive …
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comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may … rank-based financial incentives. Our results show that performance-ranking information had a significant motivational … effect on average performance for students, but not for that of workers. Adding financial incentives based on rank provided …
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