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Why do some leaders use praise as a means to motivate workers, while other leaders use social punishment? This paper develops a simple economic model to examine how leadership styles depend on the prevailing labor-market conditions for workers. We show that the existence of a binding wage floor...
Persistent link: https://www.econbiz.de/10012315429
without incentives can predict heterogeneity in charitable responses to peer decisions. We elicit beliefs about donations in a …
Persistent link: https://www.econbiz.de/10012421113
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Can a company attract a different type of employee by changing its compensation scheme? Is it sufficient to pay more to increase employees’ motivation? Should a firm provide evaluation feedback to employees based on their absolute or their relative performance? Laboratory experiments can help...
Persistent link: https://www.econbiz.de/10011562948
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Descriptive norms - the behavior of other individuals in one's reference group - play a key role in shaping individual decisions. When characterizing the behavior of others, a standard approach in the literature is to focus on average behavior. In this paper, we argue both theoretically and...
Persistent link: https://www.econbiz.de/10013494367
too. In a gift-exchange experiment with independent payoffs between two agents we find causal evidence for peer effects …
Persistent link: https://www.econbiz.de/10010257221
observed to act in isolation from each other. In this paper we use a large-scale dictator game experiment (N = 850) to show …
Persistent link: https://www.econbiz.de/10011449225
observed to act in isolation from each other. In this paper we use a large-scale dictator game experiment (N = 850) to show …
Persistent link: https://www.econbiz.de/10011434301