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Article
Roberto HERNAN-GONZALEZ, Auteur ; J. GOMEZ-MINAMBRES, Auteur ; G. HOCHMAN, Auteur ; Shahar AYAL, Auteur ; Brice CORGNET, Auteur | 2022In the early 1900s, Albert Einstein (1916) revolutionized modern physics by introducing his special relativity and general relativity theories. More than half a century later, Kahneman and Tversky (1979) introduced their own version of relativit[...]
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Roberto HERNAN-GONZALEZ, Auteur ; Brice CORGNET, Auteur ; Brian GUNIA, Auteur | 2021We study several solutions to shirking in teams, each of which triggers social incentives by reshaping the workplace social context. Using an experimental design, we manipulate social pressure at work by varying the type of workplace monitoring [...]
Article
Roberto HERNAN-GONZALEZ, Auteur ; Jordi BRANDTS, Auteur ; Brice CORGNET, Auteur ; José ORTIZ, Auteur | 2021A common rationale for the use of salary contracts is that they can produce substantial incentive effects when coupled with firing threats. However, enforcing firing threats may require close supervision of employees, thus possibly offsetting th[...]
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Roberto HERNAN-GONZALEZ, Auteur ; Brice CORGNET, Auteur ; Praveen KUJAL, Auteur | 2020We study the effect of ambiguity on the formation of bubbles and crashes in experimental asset markets à la Smith, Suchanek, and Williams (1988) by allowing for ambiguity in the fundamental value of the asset. Although bubbles form in both the a[...]
Article
Brice CORGNET ; Roberto HERNAN-GONZALEZ | 2018Despite its central role in the theory of incentives, empirical evidence of atrade-off between risk and incentives remains scarce. We reexamine this trade-off in aworkplace lab environment and find that, in line with theory, principals increase [...]
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Article
Roberto HERNAN-GONZALEZ, Auteur ; Brice CORGNET, Auteur ; J. GOMEZ-MINAMBRES, Auteur | 2016We study a principal-agent framework in which principals can assign wage-irrelevant goals to agents. We find evidence that, when given the possibility to set wage-irrelevant goals, principals select incentive contracts for which pay is less resp[...]
