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crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …
Persistent link: https://www.econbiz.de/10011946785
Agents' decisions to exert effort depends on the provided incentives as well as the potential costs for doing so. So … and cost side can be used separately to shape work performance. In our experiment, subjects work on a real-effort task …
Persistent link: https://www.econbiz.de/10011612917
Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a … laboratory experiment in which the choice of the job characteristics (i.e., the mission) is part of the compensation package that … and non-monetary incentives imperfect. These findings have implications for the design of incentives in mission …
Persistent link: https://www.econbiz.de/10010414760
This paper uses a series of experiments with commercial bank loan officers to test the effect of performance incentives … on risk-assessment and lending decisions. We first show that, while high-powered incentives lead to greater screening …
Persistent link: https://www.econbiz.de/10013104111
We conduct an experiment with commercial bank loan officers to test how performance compensation affects risk …-assessment and lending. High-powered incentives lead to greater screening effort and more profitable lending decisions. This effect … incentives does not vary with traits such as risk-aversion, optimism or overconfidence. Finally, we present evidence that …
Persistent link: https://www.econbiz.de/10013055942
intent, that can cause incentives to fail. Using an experiment that provides the material circumstances necessary for …Empirical studies of the principal-agent relationship find that extrinsic incentives work in many instances, linking … drive to work to master a skill or to improve one's self image, is thought to be the key to whether incentives work or not …
Persistent link: https://www.econbiz.de/10009771729
experiment. The experimental exercise aims to analyze how prizes and incentives impact actual individuals' behavior differently … of incentives, with the peculiar features of being awarded in public, and of having largely symbolic value. Informed by … incentives and prizes. The conceptual factors highlighted by our analytical framework are then tested through a laboratory …
Persistent link: https://www.econbiz.de/10011996034
Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a … laboratory experiment in which the choice of the job characteristics (i.e., the mission) is part of the compensation package that … and non-monetary incentives imperfect. These findings have implications for the design of incentives in mission …
Persistent link: https://www.econbiz.de/10011282511
adds a fixed payment per processed order to insure workers against earnings risk. Our experiment tests predictions from a …
Persistent link: https://www.econbiz.de/10012137977
adds a fixed payment per processed order to insure workers against earnings risk. Our experiment tests predictions from a …
Persistent link: https://www.econbiz.de/10012121553