performance. As a comparison we ran the same experiment (the Candle Problem) with and without incentives for individuals as well …. Incentives did not reduce performance there either. Comparing individuals with groups we find that team-work facilitates creative …It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out …

contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …. This is not caused by monetary incentives per se since under both wage schemes it is profit-maximizing for agents to exert …

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 …

attaining the lower winning probability is the one choosing the rule giving higher incentives to the members. -- collective …

-sharing selective incentives. …

-sharing selective incentives …