A survey of experimental research on contests, all-pay auctions and tournaments
Many economic, political and social environments can be described as contests in which
agents exert costly effort while competing over the distribution of a scarce resource. These …
agents exert costly effort while competing over the distribution of a scarce resource. These …
The effect of financial incentives on performance: A quantitative review of individual and team‐based financial incentives
Y Garbers, U Konradt - Journal of occupational and …, 2014 - Wiley Online Library
We meta‐analysed 146 studies (n= 31,861) to examine the effects of individual and team‐
based financial incentives on peoples' performance and to explore potential moderators …
based financial incentives on peoples' performance and to explore potential moderators …
A structural analysis of disappointment aversion in a real effort competition
We develop a novel computerized real effort task, based on moving sliders across a screen,
to test experimentally whether agents are disappointment averse when they compete in a …
to test experimentally whether agents are disappointment averse when they compete in a …
Is pay for performance detrimental to innovation?
Previous research in economics shows that compensation based on the pay-for-
performance principle is effective in inducing higher levels of effort and productivity. On the …
performance principle is effective in inducing higher levels of effort and productivity. On the …
Clean evidence on peer effects
We study subjects who were asked to fill letters into envelopes with a remuneration
independent of output. In the “pair” treatment, two subjects worked at the same time in the …
independent of output. In the “pair” treatment, two subjects worked at the same time in the …
Performance pay and multidimensional sorting: Productivity, preferences, and gender
This paper studies the impact of incentives on worker self-selection in a controlled laboratory
experiment. Subjects face the choice between a fixed and a variable payment scheme …
experiment. Subjects face the choice between a fixed and a variable payment scheme …
Experimental methods: Measuring effort in economics experiments
The study of effort provision in a controlled setting is a key research area in experimental
economics. There are two major methodological paradigms in this literature: stated effort …
economics. There are two major methodological paradigms in this literature: stated effort …
Lab labor: What can labor economists learn from the lab?
G Charness, P Kuhn - Handbook of labor economics, 2011 - Elsevier
This chapter surveys the contributions of laboratory experiments to labor economics. We
begin with a discussion of methodological issues: when (and why) is a lab experiment the …
begin with a discussion of methodological issues: when (and why) is a lab experiment the …
Emotional hazard in a power‐to‐take experiment
R Bosman, F Van Winden - The Economic Journal, 2002 - academic.oup.com
In this experimental study of a two player power‐to‐take game, players earn an income in an
individual effort task preceding the game. The game has two stages. First, one player can …
individual effort task preceding the game. The game has two stages. First, one player can …
War and conflict in economics: Theories, applications, and recent trends
We review the main economic models of war and conflict. These models vary in details, but
their implications are qualitatively consistent, highlighting key commonalities across a …
their implications are qualitatively consistent, highlighting key commonalities across a …