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decisions are taken by teams, not individuals. 10 Each team in our experiment comes from a different fishing boat at Lake …-nudge increases cooperation by 14 and 16 percentage points for egalitarian and hierarchical 15 team decisions, respectively. Captains …
Persistent link: https://www.econbiz.de/10012816792
Within a laboratory experiment we investigate a principal-agent game in which agents may, first, self-select into a group task (GT) or an individual task (IT) and, second, choose work effort. In their choices of task and effort the agents have to consider pay contracts for both tasks as offered...
Persistent link: https://www.econbiz.de/10013317147
We analyse incentive problems in team and partnership structures where the only available information to condition a …
Persistent link: https://www.econbiz.de/10012720673
, team-incentives within firms, group sports, and rent-seeking. In order to succeed, members of the same group have … incentive to abstain from expending any effort and instead free-ride on the efforts of other members. Contest theory shows that … relative to the theory. We discuss potential explanations for such over-expenditure, including the utility of winning, bounded …
Persistent link: https://www.econbiz.de/10013013877
A novel version of a Voluntary Contribution Mechanism game tests how player cooperation responds to changes in incentives, i.e., payoffs that depend on performance relative to different reference groups. Cooperation is greatest when players are competing against players in other four-person...
Persistent link: https://www.econbiz.de/10014223953
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We study the phenomenon of strategic polarization in group interactions. Agents with private preferences choose a public action (e.g., voice opinions), and the mean of their actions represents the group’s realized outcome. They face a trade-off between influencing the group outcome and...
Persistent link: https://www.econbiz.de/10014033343
theory and practice of robust statistics. In Davies and Gather (2004) it was argued that the success of the concept is …
Persistent link: https://www.econbiz.de/10002569911
Persistent link: https://www.econbiz.de/10003111408
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