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Asian-Pacific ESA Conference, Taipei, 16-18 February, 2017
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The 3rd International Academic Conference on Social Sciences and Management. 24-26 May, 2017. Bangkok
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Steffen Altmann, Armin Falk, Matthias Wibral. Promotions and Incentives: The Case of Multistage Elimination Tournaments

Promotions play an important role for the provision of incentives in firms. We analyze incentives in multistage elimination tournaments with controlled laboratory experiments. In our two main treatments, we compare a two-stage tournament to a one-stage tournament. Subjects in the two-stage treatment provide excess effort in the first stage, both with respect to Nash predictions and compared to the strategically equivalent one-stage tournament. Additional control treatments confirm that excess effort in early stages is a robust finding and suggest that above-equilibrium effort might be driven by li ...

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Aradhna Krishna

Aradhna Krishna is an American academic focused on marketing. She is considered one of the 50 most productive marketing professors in the world. Harvard Business Review recently acknowledged her as &q...

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Steffen Altmann, Armin Falk, Matthias Wibral. Promotions and Incentives: The Case of Multistage Elimination Tournaments

Promotions play an important role for the provision of incentives in firms. We analyze incentives in multistage elimination tournaments with controlled laboratory experiments. In our two main treatment...

More

Geoffrey M. Hodgson. The ubiquity of habits and rules

Under what circumstances is it necessary or convenient for an agent to rely on habits or rules? This paper focuses on the types of decision situation giving rise to their use. Even optimisation requ...

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Jess Benhabib, Boyan Jovanovic. Externalities And Growth Accounting

We reexamine several bodies of data on the growth of output, labor, and capital, within the context of a model that admits the possibility of an externality to the capital input. The model is an aug...

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Ernst Fehr, Antonio Rangel. Neuroeconomic Foundations of Economic Choice — Recent Advances

The brain controls human behavior. Economic choice is no exception. e brain controls human behavior. Economic choice is no exception. Recent studies have shown that experimentally induced variation in...

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Mara Ewers, Florian Zimmermann. Image and Misreporting.

In this paper we ask if reports of private information about skills, abilities or achievements are affected by image concerns. We develop a simple model that illustrates how image utility can lead t...

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Jess Benhabib. A Note on Regime Switching, Monetary Policy, and Multiple Equilibria

When monetary policy is subject to regime switches conditions for determinacy become more complex. Davig and Leeper (2007) and Farmer, Waggoner and Zha (2009a) have studied such conditons. Using some ...

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