We conduct a field experiment studying how financial incentives for achieving specific course grades affect university … incentives negatively affect performance, particularly among low-ability students assigned high goals. Survey data suggest this … caution against incentives in education and highlight a novel mechanism through which incentives can backfire. …

influence agents incentives and lead to a noncooperative game, even if the agents have to complete independent tasks. I show … substitutes. I solve for the optimal monetary incentives that complement the peer effects and show that the principal prefers …

wealth constrained herself, vicarious liability need not generate efficient precaution incentives. Rather, precaution … incentives turn out to depend on the exact quantum of damages specified by courts. I shall compare incentives under three damages …

We study the implementability of stable correspondences in marriage markets with externalities. We prove that, contrary … to what happens in markets without externalities, no stable revelation mechanism makes a dominant strategy for the agents …