Published in 2021 in Experimental Economics.
AUTHORS: Aleksandr Alekseev
ABSTRACT: I study the effect of task difficulty on workers’ effort. I find that task difficulty has an inverse-U effect on effort and that this effect is quantitatively large, especially when compared to the effect of conditional monetary rewards. Difficulty acts as… more »
Published in 2022 in Experimental Economics, Volume 25.
AUTHORS: Glenn W. Harrison, Andre Hofmeyr, Harold Kincaid, Brian Monroe, Don Ross, Mark Schneider and J. Todd Swarthout
ABSTRACT: The COVID-19 pandemic presents a remarkable opportunity to put to work all of the research that has been undertaken in past decades on the… more »
Forthcoming, Experimental Economics
AUTHORS: Xiaoxue Sherry Gao, Glenn W. Harrison and Rusty Tchernis
ABSTRACT: We propose the use of Bayesian estimation of risk preferences of individuals for applications of behavioral welfare economics to evaluate observed choices that involve risk. Bayesian estimation provides more systematic control of the use of informative… more »
Published in 2015 in Experimental Economics, Volume 18, Issue 2.
AUTHORS: James C. Cox, Vjollca Sadiraj, and Ulrich Schmidt
ABSTRACT. Experiments on choice under risk typically involve multiple decisions by individual subjects. The choice of mechanism for selecting decision(s) for payoff is an essential design feature unless subjects isolate each one of… more »