We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …

designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality … aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …

How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the … economic analysis of labour provision. We shed light on this issue by experimentally investigating team-based compensations … with and without bonuses awarded to the highest contributors in teams. A purely team-based compensation scheme induces …

plan includes both the leader and the team members. This paper presents the results of a field experiment designed to study …The performance of a work team commonly depends on the effort exerted by the team members as well as on the division of … tasks among them. However, when leaders assign tasks to team members, performance is usually not the only consideration …

Optimal team composition has been the focus of exhaustive analysis, academic and otherwise. Yet, much of this analysis … has ignored possible dynamic effects: e.g., anticipating that team formation is based on prior performance will affect … prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first …

In social dilemmas, leading a team by making heroic efforts may prove costly, especially if the followers are not … lead, we report the results of a two-stage public good experiment with endogenous timing. Even though it turns out to be … composition of the team also matters, as publicizing certain attributes of a subject's teammates has an impact on her decision to …

punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects … hypotheses derived from the theory …

In addition to discrimination, market power, and human capital, gender differences in risk preferences might also … in any given period. Subjects were informed of the exogenous risk premium being offered for the risky job. Women were … gap in the experiments. That women were more risk averse than men was also manifest in the Pratt-Arrow Constant Absolute …

We study the relative risk aversion of an individual with particular social preferences: his wellbeing is influenced by …, the individual becomes more risk averse when he rises in the wealth hierarchy. Second, if the individual's level of … intensification is strong enough, then the individual becomes less risk averse: the individual's desire to advance further in the …

We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a … laboratory risky financial decisions, and (ii) behavior in naturally-occurring field behavior under risk (financial, health and … employment decisions). We find that measures of risk attitude are related to behavior in laboratory financial decisions and the …