Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased … monetary incentives improve all teams’ outcomes without crowding out teams’ willingness to explore or perform similar tasks …

Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but … salience of team identity, social image concerns, and whether teams face monetary incentives. Increased salience of team … identity does not improve performance. Social image motivates the top performers. Additional monetary incentives improve all …

We describe how product liability interacts with regulatory product approval in influencing a firm's incentives to … acquisition incentives when it is not fully liable for the harm caused by its product. The firm may also have excessive … information acquisition incentives under both full and limited liability. We highlight efficiency inducing liability rules. …

hazard cost of providing incentives, which would be a hidden cost of outsourcing instead. Standardization later on can favor …

, incentives techniques were already used during the early history of industrial research laboratories, but their impact on …

We investigate the effect of financial incentives, framed as gains and losses, on creative breakthrough. Rather than … reorganization of ideas for the solution of a problem. We argue that financial incentives can be detrimental for creative … breakthrough. Moreover, framing financial incentives as losses may lead to particularly strong detrimental effects, compared to …