How can non-profit organizations improve their governance to increase their social impact? This study examines the effectiveness of a bundle of governance mechanisms - consisting of social performance-based incentives combined with auditing and feedback - in the context of a randomized...

In the last few years, the circular economy has come to the foreground as a promising means through which to achieve sustainable development. In removing inefficiencies in production, many argue, a circular economy is beneficial not only for the environment, but also for the economy at large....

How can non-profit organizations improve their governance to increase their social impact? This study examines the effectiveness of a bundle of governance mechanisms -- consisting of social performance-based incentives combined with auditing and feedback -- in the context of a randomized...

This paper analyzes a two-person, two-stage model of sequential exploration, where both information and payoff externalities exist, and tests the derived hypotheses in the laboratory. We theoretically show that even when agents are self-interested and perfectly rational, the information...

We conducted a field experiment to identify the causal effects of extrinsic incentive cues on the sorting and performance of nascent social entrepreneurs. The experiment, carried out with one of the United Kingdom's largest support agencies for social entrepreneurs, encouraged 431 nascent social...