Showing 91 - 100 of 92,047
actors provide powerful incentives and become superior when there are some fair-minded players. The principals understand … enforcement power of explicit and implicit incentives. This contract preference is associated with the fact that explicit … incentives weaken the enforcement power of implicit bonus incentives significantly. Our results are largely consistent with …
Persistent link: https://www.econbiz.de/10010440446
This paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can either offer a piece-rate contract or a (voluntary) bonus to the agent. Bonus contracts strongly outperform piece rate contracts. Many principals reward high efforts on both...
Persistent link: https://www.econbiz.de/10010440447
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … incentives and become superior when there are also fair-minded players. These predictions are strongly supported by the results …
Persistent link: https://www.econbiz.de/10010440969
Persistent link: https://www.econbiz.de/10014566358
Persistent link: https://www.econbiz.de/10014634604
to one of several treatment groups with varying levels of hypothetical compensation. Offering incentives markedly reduced … said they disapprove of offering financial incentives for vaccination, and especially in contexts with strong negative … effects in the experiment. The results contrast with the well-established efficacy of monetary incentives to influence …
Persistent link: https://www.econbiz.de/10014579090
I examine a game-theoretical model of two variants of double-elimination tournaments, and derive the equilibrium behavior of symmetric players and the optimal prize allocation assuming a designer aims to maximize total effort. I compare these theoretical properties to the well-known...
Persistent link: https://www.econbiz.de/10012950756
Incentives affect the manner in which auditors conduct their audits and one important research question is how … different types of incentives affect behavior. The objectives of this paper are to examine how auditors' intrinsic motivation … could be augmented by their participation in developing the guidance, and to examine how extrinsic incentives such as …
Persistent link: https://www.econbiz.de/10014221286
I investigate the issue of endogenous spillover of R&D information across firms through information exchange between their employees. Although the firms typically cannot observe and restrict communication between their employees in a direct way, they can regulate information flows through the...
Persistent link: https://www.econbiz.de/10014126755
practice. Based on the role of rewards and incentives on intrinsic and extrinsic motivation, we offer a framework for building … feedback mechanisms. The chapter is built upon three components: a model of motivation in games; an overview of incentives and …
Persistent link: https://www.econbiz.de/10014111972