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differences in performance in the real effort task, we observe a strong gender gap in sabotage choices in our experiment. This gap …
Persistent link: https://www.econbiz.de/10011926075
Principal-agent problems can reduce gains from exchange available in long distance trade. One solution to mitigate this problem is multilateral punishment, whereby groups of principals jointly punish cheating agents by giving them bad reputations. But how does such punishment work when there is...
Persistent link: https://www.econbiz.de/10012950453
real-effort laboratory experiment that workers do indeed shift away from high-variance inputs even at the expense of their …
Persistent link: https://www.econbiz.de/10014077097
effort. In an experiment in which the rate of effort needed to achieve the standard was held constant, participants facing …
Persistent link: https://www.econbiz.de/10012854791
In this paper we study the effects that loss contracts - prepayments that can be clawbacked later - have on group coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In control sessions, incentives are formulated as a...
Persistent link: https://www.econbiz.de/10012285502
This article analyzes top-level basketball competitions and measures the effect of superstar presence on effort provision in rank-order tournaments. I extend the previous literature to team competitions for male and female teams, as well as different institutional settings over a long period of...
Persistent link: https://www.econbiz.de/10011570793
A standard tournament contract specifies only tournament prizes. If agents' performance is measured on a cardinal scale …, the principal can complement the tournament contract by a gap which defines the minimum distance by which the best … performing agent must beat the second best to receive the winner prize. We analyze a tournament with two risk averse agents …
Persistent link: https://www.econbiz.de/10010198511
limitless. The potential link between compensation and risk behavior is analyzed in this paper. A behavioral experiment with …
Persistent link: https://www.econbiz.de/10014348916
Persistent link: https://www.econbiz.de/10012224710
I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …
Persistent link: https://www.econbiz.de/10010364762