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tournament. According to the standard approach, rational agents should completely disregard the performance feedback of self …In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in … underreporting many principals seem to exhibit lying aversion which renders their feedback informative. Therefore, the agents respond …
Persistent link: https://www.econbiz.de/10013316654
tournament in VR, we are able to mitigate the reflection problem, which usually undermines research on dynamic interaction … output. We observe that the subjects' performance is highest in a homogeneous tournament, i.e., when they compete against an … peer effects rather than by tournament incentives. We extensively track the behavior of subjects and the particular …
Persistent link: https://www.econbiz.de/10011984479
between the workers(uniform prizes), as in the previous tournament literature, the outcome will be ineffcient. In the case of … fundamental dilemma in tournament theory. Individual prizes exhibit two major advantages - they allow the extraction of worker …
Persistent link: https://www.econbiz.de/10010383017
against each other. In a computerized lab experiment with minimal group design, we prime subjects to two alternative …
Persistent link: https://www.econbiz.de/10010270029
A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper … studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each … feedback and preserve unrealistic expectations. …
Persistent link: https://www.econbiz.de/10014377186
We conduct a field experiment where we vary both the presence of a gift exchange wage and the effect of the worker …
Persistent link: https://www.econbiz.de/10010280811
worker to repay the gift to the employer. To test this hypothesis, we conduct a real effort laboratory experiment where we …
Persistent link: https://www.econbiz.de/10010266102
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured …
Persistent link: https://www.econbiz.de/10005144498
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured …
Persistent link: https://www.econbiz.de/10011255986
In this paper, a promotion tournament is considered, where, at the beginning of the tournament, it is unknown how long … the tournament lasts. Further, the promotion decision is based on the assessments of a supervisor with imperfect recall …
Persistent link: https://www.econbiz.de/10010365873