How social preferences provide effort incentives in situations of financial support.

When people anticipate financial support, they may reduce preventive effort. We conjecture that the source of financial support can mitigate this moral hazard effect due to social preferences. We compare effort choices when another individual voluntarily provides financial support against effort cho...

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Bibliographic Details
Main Authors: Christian Knoller, Stefan Neuß, Richard Peter
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2021-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0244972