In a real effort experiment with repeated competition we find striking differences in how the work effort of men and women responds to previous wins and losses. For women, losing per se is detrimental to productivity, but for men, a loss impacts negatively on productivity only when the prize at...

We experimentally compare the incentive effects of rewarding individuals for outstanding performance publicly versus privately. We implement two real-effort tasks, which differ in how prestigious subjects perceive working on them. In both tasks private and public feedback similarly enhances...

For most of the contagious livestock diseases, the disease prevalence rates among farms are interrelated. This article develops a principal multi-agent model to study the optimal livestock indemnity design in face of common uncertainties. Our results indicate that the indemnity scheme taking...