Bellemare, Charles; Shearer, Bruce S. - Centre Interuniversitaire sur le Risque, les Politiques … - 2006
-intensity incentive contracts. The empirical importance of sorting is perhaps best evaluated by directly measuring the risk tolerance of … workers who have selected into incentive contracts under risky environments. We use experiments, conducted within a real firm …, to measure the risk preferences of a sample of workers who are paid incentive contracts and face substantial daily income …