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rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to …
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magnitude of performance improvements during the incentive period, but are relatively short lived, while implicit incentives …
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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 giving...
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running a laboratory experiment. The model predicts that multi-rater evaluations are more precise than single …-rater evaluations if groups rationally aggregate their signals about employee performance. Our controlled laboratory experiment confirms …
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This paper shows that monitoring too much a partner in the initial phase of a relationship may not be optimal if the goal is to determine his loyalty to the match and if the cost of ending the relationship increases over time. The intuition is simple: by monitoring too much we learn less on how...
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