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This study analyzes deterrence schemes and their impact on stealing. The results confirm Becker�s deterrence hypothesis. Moreover, crowding out of pro-social behavior occurs due to deterrence incentives: when deterrence incentives first exist and are removed later on, subsequent behavior is more selfish than without this deterrence history. This study offers evidence that (part of this…
- Tahun Terbit
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This article investigates a repeated employment relationship between a principal and a team of agents hired to solve a series of problems. With non-verifiable output, rewarding agents based on team performance can relax the principal�s credibility constraint by smoothing bonus payments over time. Team incentives also induce free-riding, but the principal prefers them to individual ince…
- Tahun Terbit
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This paper explores possible biases in open peer-review using data from the English superior courts. Exploiting the random timing of on-the-job interaction between reviewers and reviewees, we find evidence that reviewers are reluctant to reverse the judgments of reviewees with whom they are about to interact, and that this effect is stronger when reviewer and reviewee share the same rank. T…
- Tahun Terbit
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This paper examines how performance-based compensation for managers influences their reporting behavior and the resulting stance auditors take when deciding whether to certify a manager�s report. The paper makes endogenous the stance auditors take: with a more conservative stance, auditors are less likely to certify an inflated report, but are more likely to refuse to certify an accur…
- Tahun Terbit
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