Incentive complexity, bounded rationality and effort provision

Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to over-provide effort relative to a fully rational benchmar...

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Autori principali: Abeler, J, Huffman, D, Raymond, C
Natura: Working paper
Lingua:English
Pubblicazione: University of Oxford 2023