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’ behaviour result from the interaction between financial incentives, motivational factors and endogenous social norms. Employees … simulations show that financial incentives can (i) lead to inefficient levels of cooperation, and (ii) reinforce value …
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In many markets supply contracts include a series of small, regular payments made by consumers and a single, large bonus that consumers receive at some point during the contractual period. But, if for instance its production costs exceed its value to consumers, such a bonus creates...
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