How do bonus cap and malus affect risk and effort choice Insight from a lab experiment
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Cited by:
- Bholat, David & Broughton, Nida & Ter Meer, Janna & Walczak, Eryk, 2019. "Enhancing central bank communications using simple and relatable information," Journal of Monetary Economics, Elsevier, vol. 108(C), pages 1-15.
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More about this item
Keywords
Bonus cap; bonus regulation; incentive pay;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- G40 - Financial Economics - - Behavioral Finance - - - General
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2018-07-30 (Cognitive and Behavioural Economics)
- NEP-EXP-2018-07-30 (Experimental Economics)
- NEP-HRM-2018-07-30 (Human Capital and Human Resource Management)
- NEP-LMA-2018-07-30 (Labor Markets - Supply, Demand, and Wages)
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