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The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework

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Camerer, Colin F.
Hogarth, Robin M.

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File URL: http://www.hss.caltech.edu/SSPapers/wp1059.pdf
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Paper provided by California Institute of Technology, Division of the Humanities and Social Sciences in its series Working Papers with number 1059.

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Length: 43 pages
Date of creation: Apr 1999
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Publication status: Published: Journal of Risk and Uncertainty, 1999, pp. 7-42
Handle: RePEc:clt:sswopa:1059

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Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
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  1. List, John A & Shogren, Jason F, 1998. "The Deadweight Loss of Christmas: Comment," American Economic Review, American Economic Association, vol. 88(5), pages 1350-55, December. [Downloadable!] (restricted)
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  3. Roth, Alvin E. & Vesna Prasnikar & Masahiro Okuno-Fujiwara & Shmuel Zamir, 1991. "Bargaining and Market Behavior in Jerusalem, Ljubljana, Pittsburgh, and Tokyo: An Experimental Study," American Economic Review, American Economic Association, vol. 81(5), pages 1068-95, December. [Downloadable!] (restricted)
  4. Neelin, Janet & Sonnenschein, Hugo & Spiegel, Matthew, 1988. "A Further Test of Noncooperative Bargaining Theory: Comment," American Economic Review, American Economic Association, vol. 78(4), pages 824-36, September. [Downloadable!] (restricted)
  5. Scott, W. E. & Farh, Jiing-Lih & Podsakoff, Philip M., 1988. "The effects of "intrinsic" and "extrinsic" reinforcement contingencies on task behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 41(3), pages 405-425, June. [Downloadable!] (restricted)
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  10. Tversky, Amos & Kahneman, Daniel, 1992. " Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
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  15. Kroll, Yoram & Levy, Haim & Rapoport, Amnon, 1988. "Experimental tests of the mean-variance model for portfolio selection," Organizational Behavior and Human Decision Processes, Elsevier, vol. 42(3), pages 388-410, December. [Downloadable!] (restricted)
  16. Camerer, Colin & Weigelt, Keith, 1988. "Experimental Tests of a Sequential Equilibrium Reputation Model," Econometrica, Econometric Society, vol. 56(1), pages 1-36, January. [Downloadable!] (restricted)
  17. Guth, Werner & Schmittberger, Rolf & Schwarze, Bernd, 1982. "An experimental analysis of ultimatum bargaining," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 367-388, December. [Downloadable!] (restricted)
  18. Johannesson, Magnus & Liljas, Bengt & Johansson, Per-Olov, 1998. "An Experimental Comparison of Dichotomous Choice Contingent Valuation Questions and Real Purchase Decisions," Applied Economics, Taylor and Francis Journals, vol. 30(5), pages 643-47, May. [Downloadable!] (restricted)
  19. James Andreoni & John H Miller, 1997. "Giving according to GARP: an experimental study of rationality and altruism," Levine's Working Paper Archive 672, David K. Levine. [Downloadable!]
  20. Kagel, John H & Levin, Dan, 1991. "The Winner's Curse and Public Information in Common Value Auctions: Reply," American Economic Review, American Economic Association, vol. 81(1), pages 362-69, March. [Downloadable!] (restricted)
    Other versions:
  21. Wright, William F. & Aboul-Ezz, Mohamed E., 1988. "Effects of extrinsic incentives on the quality of frequency assessments," Organizational Behavior and Human Decision Processes, Elsevier, vol. 41(2), pages 143-152, April. [Downloadable!] (restricted)
  22. Selten, Reinhard & Abdolkarim Sadrieh & Klaus Abbink, 1995. "Money does Not Induce Risk Neutral Behavior, but Binary Lotteries Do even Worse," Discussion Paper Serie B 343, University of Bonn, Germany.
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  24. Conlisk, John, 1989. "Three Variants on the Allais Example," American Economic Review, American Economic Association, vol. 79(3), pages 392-407, June. [Downloadable!] (restricted)
  25. Muller, Werner G & Ponce de Leon, Antonio C M, 1996. "Optimal Design of an Experiment in Economics," Economic Journal, Royal Economic Society, vol. 106(434), pages 122-27, January. [Downloadable!] (restricted)
  26. Straub, Paul G. & Murnighan, J. Keith, 1995. "An experimental investigation of ultimatum games: information, fairness, expectations, and lowest acceptable offers," Journal of Economic Behavior & Organization, Elsevier, vol. 27(3), pages 345-364, August. [Downloadable!] (restricted)
  27. Hoffman, Elizabeth & McCabe, Kevin & Smith, Vernon L, 1996. "Social Distance and Other-Regarding Behavior in Dictator Games," American Economic Review, American Economic Association, vol. 86(3), pages 653-60, June. [Downloadable!] (restricted)
  28. Hey, John D., 1982. "Search for rules for search," Journal of Economic Behavior & Organization, Elsevier, vol. 3(1), pages 65-81, March. [Downloadable!] (restricted)
  29. Jamal, K. & Sunder, S., 1988. "Money Vs. Gaming: Effects Of Salient Monetary Payments In Double Oral Auctions," GSIA Working Papers 88-89-16, Carnegie Mellon University, Tepper School of Business.
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  30. Merlo, A. & Schotter, A., 1995. "A Surprise-Quiz View of Learning in Economic Experiments," Working Papers 95-32, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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  31. Wilcox, Nathaniel T, 1993. "Lottery Choice: Incentives, Complexity and Decision Time," Economic Journal, Royal Economic Society, vol. 103(421), pages 1397-1417, November. [Downloadable!] (restricted)
  32. Friedman, Daniel, 1998. "Monty Hall's Three Doors: Construction and Deconstruction of a Choice Anomaly," American Economic Review, American Economic Association, vol. 88(4), pages 933-46, September. [Downloadable!] (restricted)
  33. Drago, Robert & Heywood, John S, 1989. "Tournaments, Piece Rates, and the Shape of the Payoff Function," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 992-98, August. [Downloadable!] (restricted)
  34. Sefton, Martin, 1992. "Incentives in simple bargaining games," Journal of Economic Psychology, Elsevier, vol. 13(2), pages 263-276, June. [Downloadable!] (restricted)
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