We conduct an online donation dictator game experiment with over 1,300 participants, representative of the Japanese population, to investigate the relationship between the incentive scheme and prosocial behavior by systematically varying the stake size and probability of being paid, including...

We examine whether financial incentives affect fertility and family planning. We use a reform reducing child benefits paid to larger families together with Danish longitudinal register data on the universe of legal abortions and birth control pill purchases to address this question. We find that...

Energy efficiency is often cited as a critical component of mitigation pathways that avoid the worst effects of climate change but suffers from chronic underinvestment. This paper evaluates the efficacy of a range of voluntary approaches—monetary incentives, information and behavioral...

In this study, we focus on managerial incentives provided by debt-like compensation and further investigate whether and to what extent such managerial incentives may affect CEOs' decisions on risk management. Building on cumulative prospect theory and instrumental stakeholder theory, we propose...

We conduct a field experiment studying how financial incentives for achieving specific course grades affect university students, whether effects vary by ability, and whether allowing students to choose their goals improves outcomes. We find that incentives negatively affect performance,...

How does information transmission change when it requires attracting the attention of receivers? This paper combines an experiment that varies freelance professionals’ incentives to attract attention about scientific findings, with several online experiments that exogenously expose receivers...

There is much disagreement about the extent to which financial incentives motivate study participants. We elicit preferences for being paid for completing a survey, including a one-in-twenty chance of winning a $100 electronic gift card, a guaranteed electronic gift card with the same expected...

Questions about market power have become salient in macroeconomics. We consider the role of institutional structures in addressing these within a dynamic general equilibrium framework. Standard models account for monopoly profits as a lump-sum transfer to the representative agent. We label this...

In this paper, I investigate how individuals perceive the implicit contribution incentives provided by public pension systems. I use the unique setting of the Spanish public pension system, where self-employed workers are allowed to voluntarily determine the level of their Social Security...

We evaluate a firm’s unusual, worker-centered, solution to the agency problem: enabling employees to reduce the cost of effort rather than pushing them with performance rewards. We randomize the roll-out of the firm’s "Discover Your Purpose" intervention among 2,976 white-collar employees...

We analyse the availability of source data of experimental data in a sample of highly respected economic journals. We test whether publication strategies of journals have an effect for the publication of data. The results for the sample of journals we investigated indicate a large variety of...

There is much disagreement about the extent to which financial incentives motivate study participants. We elicit preferences for being paid for completing a survey, including a one-intwenty chance of winning a $100 electronic gift card, a guaranteed electronic gift card with the same expected...

Most multidimensional poverty measures used in practice, including the global Multidimensional Poverty Index, are based on the adjusted headcount ratio. This paper shows that this poverty index provides perverse incentives. Policies that minimize this index prioritize targeting the least...

This is the first study to employ a national full sample dataset for a socioeconomic analysis of the adoption of electric vehicles (EVs). We use the most recent vehicle registration dataset from the Fed-eral Motor Transport Authority of Germany, which includes the entire underlying population of...

How do different characteristics of pay-for-performance schemes affect fairness perceptions? In two studies, we systematically consider three major classes of incentive schemes: continuous piece rate incentives, discrete bonus schemes, and tournament incentives. We find that pay inequality has a...

To empirically assess how physicians respond to financial incentives, we leverage a quasi-natural experiment in France where most GPs' fees are regulated. In 2017, a wide-scale regulatory change caused the price of a visit to increase from €23 to €25. Relying on granular claims data covering...

We consider a framework in which both a principal and an agent care about a social mission, such as addressing social or environmental concerns. The agent requires financing and must satisfy a budget constraint. Under incomplete information, in addition to the usual quantity distortions for...

In 2005, displaced workers in Finland with at least three years of work history were given the option to enroll in a Re-employment Program. Participants met with a caseworker at the beginning of their unemployment and drafted an employment plan. In return, they became eligible for higher...

Accurately measuring preferences and beliefs in surveys is crucial for social science research, but standard monetary incentives cannot be used when responses cannot be verified. We study two psychological mechanisms for improving answer quality that can be applied to unverifiable questions: (i)...

Demand-driven technical and vocational education and training (TVET) has been associated with positive economic outcomes for the trainees and the participating firms and enterprises. Despite these potential positive implications, numerous studies consistently show the limited involvement of the...

We introduce the word illustration task (WIT), a novel experimental task to quantify performance in an idea generation context. Between treatments, we vary whether or not piece-rate (PR) incentives are implemented and the degree to which these incentives are aligned with the desirable outcome....

Efficient coordination is a major source of efficiency gains. We study in an experimental coordination game with 718 children and teenagers, aged 9 to 18 years, the strategies played in pre-adulthood. We find no robust age effects in the aggregate, but see that smaller group sizes and larger...

The experimental study "Letting Down the Team? Social Effects of Team Incentives" by Philip Babcock and colleagues (2015) proposes that team incentives significantly enhance individual performance through social pressure and peer effects. The findings suggest that individuals are motivated by a...

We investigate the association between business strategy and firm-level tournament incentives in China and find that business strategy is associated with tournament incentives positively. We further find that this positive relationship manifests itself in local, but not central, state-owned...