WP 2021-02 Give Me a Challenge or Give Me a Raise

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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 »

WP 2011-12 Paradoxes and Mechanisms for Choice under Risk

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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 »