an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …

Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but … also render teams’ identity and social-image concerns salient. We study the effects of tournaments on team performance in a …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased …

literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we …

Peer evaluation tournaments are common in academia, the arts, and corporate environments. They make use of the expert …

context. Between treatments, we vary whether or not piece-rate (PR) incentives are implemented and the degree to which these … incentives are aligned with the desirable outcome. We show that PR incentives have a positive impact on the number of innovative … ideas, i.e., the number of ideas that are of high quality and original. We find that unweighted PR incentives (PR provided …

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out … also when individuals work together to solve such problems. We do not find a negative impact of incentives on group … performance. As a comparison we ran the same experiment (the Candle Problem) with and without incentives for individuals as well …

incentives to implement such a trigger? We construct a theoretical model of a bank that is financed with debt and equity, and a …. However, we show that the board may implement a contract with insufficient incentives to communicate a warning, as refinancing …