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-effort experiment in which individuals had to decide when to exit the situation: a continuous reinforcement schedule (all periods paid …Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little … attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real …
Persistent link: https://www.econbiz.de/10013139506
be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to …
Persistent link: https://www.econbiz.de/10013141233
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 …
Persistent link: https://www.econbiz.de/10013120402
We conduct a field experiment among 189 stores of a retail chain to study dynamic incentive effects of relative … performance of the treatment stores. As predicted by theory, we find that treatment stores that lag far behind do not respond to … the incentives, while the responsiveness of treatment stores close to winning a bonus increases in relative performance …
Persistent link: https://www.econbiz.de/10013074203
rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to …
Persistent link: https://www.econbiz.de/10014347039
stimulate effort. Through a real-effort artefactual field experiment with factory workers and university students as a … comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may … rank-based financial incentives. Our results show that performance-ranking information had a significant motivational …
Persistent link: https://www.econbiz.de/10013009501
incentives have the potential to curtail the role of these factors in favor of performance – in particular when the incentive … plan includes both the leader and the team members. This paper presents the results of a field experiment designed to study … the effects of such team incentives on task assignment and performance. We introduce team incentives in a random subsets …
Persistent link: https://www.econbiz.de/10012930959
prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first … work individually without monetary incentives and are then assigned to teams of two where compensation is based on team …% higher first stage effort than random matching. In line with the theory the latter result is more pronounced when the task …
Persistent link: https://www.econbiz.de/10012978121
intent, that can cause incentives to fail. Using an experiment that provides the material circumstances necessary for …Empirical studies of the principal-agent relationship find that extrinsic incentives work in many instances, linking … drive to work to master a skill or to improve one's self image, is thought to be the key to whether incentives work or not …
Persistent link: https://www.econbiz.de/10013078830
We study a dynamic variant of the die-under-the-cup task where players can repeatedly misreport the outcomes of consecutive die rolls to earn more money, either under a non- competitive piece rate scheme or in a two-player competitive tournament. In this dynamic setting we test (i) whether...
Persistent link: https://www.econbiz.de/10013251543