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three mechanisms with the appropriate distribution of prizes. We test the model's predictions in a laboratory experiment and …
Persistent link: https://www.econbiz.de/10010633550
We conduct an experiment on the impact of feedback in the Trust Game. In our treatment group, the Trustee has the … experiment. Receiving feedback has an impact on the Investors' short-run affective state but giving feedback is not found to have … opportunity to give feedback to the Investor (free in choice of wording and contents). The feedback option is found to reduce the …
Persistent link: https://www.econbiz.de/10010462550
FeedbackWe theoretically and experimentally analyze public and private feedback in teams that are characterized by …’ performances or strategically withhold feedback. We find that if team performance is determined by the best performer (the "best …-shot technology"), then both public and private feedback are better than no feedback unless the team is composed of all low performers …
Persistent link: https://www.econbiz.de/10011737852
principal may have incentives to offer higher rewards when she knows the task to be difficult. Our experiment tests if high …
Persistent link: https://www.econbiz.de/10014178057
We analyze the effect of investments in corporate social responsibility (CSR) on workers' motivation. In our experiment … into CSR is high. -- Corporate Social Responsibility ; gift-exchange game ; experiment ; labor market ; incentives …
Persistent link: https://www.econbiz.de/10009230365
a remuneration scheme (competitive tournament vs. piece rate) and then conduct a real-effort task. Employers know the …
Persistent link: https://www.econbiz.de/10011433393
An advisor is supposed to recommend a financial product in the best interest of her client. However, the best product for the client may not always be the product yielding the highest commission to the advisor. Do advisors nevertheless provide truthful advice? If not, will a voluntary or...
Persistent link: https://www.econbiz.de/10011530061
-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero …, while third period productivity is zero and wages are positive. The experiment produces strong evidence that deferred …
Persistent link: https://www.econbiz.de/10013319184
We develop a model of strategic contractual incompleteness that identifies conditions under which principals might omit even costlessly verifiable terms. We then use experiments to test comparative statics predictions of the model. While it is well known that verifiability imperfections can...
Persistent link: https://www.econbiz.de/10013031190
We examine a model in which buyers with single-unit demand are faced with an infinite sequence of auctions. In each period, a new buyer probabilistically arrives to the market, and is endowed with a constant private value. We demonstrate by way of a simple example the inefficiency of the...
Persistent link: https://www.econbiz.de/10014220435