Results 1 to 10 of about 50 (49)
The Hidden Costs of Control [PDF]
American Economic Review, 2006 We analyze the consequences of control on motivation in an experimental principal-agent game, where the principal can control the agent by implementing a minimum performance requirement before the agent chooses a productive activity. Our results show that control entails hidden costs since most agents reduce their performance as a response to the ...
Falk, Armin, Kosfeld, Michael
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Distrust the Hidden Cost of Control [PDF]
SSRN Electronic Journal, 2004 We show experimentally that a principal's distrust in the voluntary performance of an agent has a negative impact on the agent's motivation to perform well. Before the agent chooses his performance, the principal in our experiment decides whether he wants to restrict the agents' choice set by implementing a minimum performance level for the agent ...
Falk, Armin, Kosfeld, Michael
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The Hidden Costs of Hidden Debt
SSRN Electronic Journal, 2011 We report evidence that salience may have economically significant effects on homeowners' borrowing behavior, through a bias in favour of less salient but more costly loans. Survey evidence corroborates the existence of such a bias. We outline a simple model in which some consumers are biased and show that under plausible assumptions this affects ...
Almenberg, Johan, Karapetyan, Artashes
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A hidden cost of happiness in children [PDF]
Developmental Science, 2008 AbstractHappiness is generally considered an emotion with only beneficial effects, particularly in childhood. However, there are some situations where the style of information processing triggered by happiness could be a liability. In particular, happiness seems to motivate a top‐down processing style, which could impair performance when attention to ...
Schnall, Simone +2 more
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The Hidden Costs of Hidden Costs
Journal of Macromarketing, 2017 This brief comment expands on the “long macro view” observation of Prof. Robert Lusch that human choices, including market choices, have massive and unseen costs. It is argued here that a central challenge for macromarketing scholars is to make transparent the hidden costs embedded in macromarketing systems and sub-systems so that their true ...
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The Hidden Cost of Insurance on Cooperation
Journal of Behavioral Decision Making, 2017 AbstractA common solution to mitigate risk is to buy insurance. Employing the trust game, we find that buying insurance against the risk of betrayal has a hidden cost: trustees are more likely to act opportunistically when trustors choose to be insured against the breach of trust.
Gideon Keren +3 more
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The Hidden Costs of Teacher Turnover [PDF]
AERA Open, 2020 High teacher turnover imposes numerous burdens on the schools and districts from which teachers depart. Some of these burdens are explicit and take the form of recruiting, hiring, and training costs. Others are more hidden and take the form of changes to the composition and quality of the teaching staff. This study focuses on the latter.
Lucy C. Sorensen, Helen F. Ladd
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Hidden costs of ERP Implementation
2019 42nd International Convention on Information and Communication Technology, Electronics and Microelectronics (MIPRO), 2019 It’s well known that ERP Implementation requires, above all, time and money. It can be said globally that these two elements represent a cumulative effect of many critical success factors (CSFs) of ERP implementation. Without diminishing the importance of time, the cost component of ERP implementation may be significantly increased by the hidden costs ...
Milorad Nikitovic, Alan Mahmutovic
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On the Hidden Costs of Incentive Schemes [PDF]
SSRN Electronic Journal, 2003 By enriching a principal-agent model it is shown that the introduction of monetary incentives may reduce an agent's motivation. In a first step, we allow for the possibility that some agents stick to unverifiable agreements. The larger the fraction of reliable agents, the lower powered will then be the optimal incentive scheme and fixed wages become ...
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The hidden costs of hidden debt
, 2012 We report evidence that salience may have economically signi.cant e¤ects on homeowners.borrowing behavior, through a bias in favour of less salient but more costly loans. Survey evidence corroborates the existence of such a bias. We outline a simple model in which some consumers are biased and show that under plausible assumptions this affects prices ...
Almenberg, Johan +2 more
openaire +4 more sources