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The Effects of Risk Preference and Loss Aversion on Individual Behavior Under Bonus, Penalty, and Combined Contract Frames
16 references·16 citing·34 second hopsampled
The Effects of Risk Preference and Loss Aversion on Individual Behavior Under Bonus, Penalty, and Combined Contract Frames (2011)The Effects of Risk Preference and Loss A…z-Tree: Zurich toolbox for ready-made economic experiments (2007)z-Tree: Zurich toolbox for re…The effects of monetary incentives on effort and task performance: theories, evidence, and a framework for research (2002)The effects of monetary incen…Risk Aversion and Incentive Effects (2002)Risk Aversion and Incentive E…Loss Aversion and Seller Behavior: Evidence from the Housing Market (2001)Loss Aversion and Seller Beha…The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework (1999)The Effects of Financial Ince…The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework \n (1999)The Effects of Financial Ince…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design (1991)Multitask Principal–Agent Ana…Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Loss Aversion in Riskless Cho…Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias (1991)Anomalies: The Endowment Effe…Corporate culture and economic theory (1990)Corporate culture and economi…Status quo bias in decision making (1988)Status quo bias in decision m…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Toward a positive theory of consumer choice (1980)Toward a positive theory of c…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Moral Hazard and Observability (1979)Moral Hazard and ObservabilityThe Validity of Amazon’s Mechanical Turk in Assessing Risk Preferences - A Research Note (2024)The Validity of Amazon’s Mech…Negative Tail Events, Emotions and Risk Taking (2023)Negative Tail Events, Emotion…Confucian culture and accounting conservatism: evidence from China (2022)Confucian culture and account…Toward an Understanding of the Welfare Effects of Nudges: Evidence from a Field Experiment in the Workplace (2020)Toward an Understanding of th…Engagement behavior and financial well-being: The effect of message framing in online pension communication (2020)Engagement behavior and finan…Do Effort Differences between Bonus and Penalty Contracts Persist in Labor Markets? (2019)Do Effort Differences between…Revisiting the Trade-off Between Risk and Incentives: The Shocking Effect of Random Shocks? (2018)Revisiting the Trade-off Betw…The impact of clawback provisions on information processing and investment behaviour (2017)The impact of clawback provis…The Effect of High Power Financial Incentives on Excessive Risk-Taking Behavior: An Experimental Examination (2016)The Effect of High Power Fina…Efficient contracting and incentive agreements between regulators and bus operators: The influence of risk preferences of contracting agents on contract choice (2016)Efficient contracting and inc…Choking under time pressure: The influence of deadline-dependent bonus and malus incentive schemes on performance (2016)Choking under time pressure: …The neural correlates of contractual risk and penalty framing (2014)The neural correlates of cont…EXPLORING THE RELATIONSHIP BETWEEN (2014)EXPLORING THE RELATIONSHIP BE…The Impact of Clawback Provisions on Information Processing and Investment Behavior (2013)The Impact of Clawback Provis…Strategic Framing in Contracts (2013)Strategic Framing in ContractsExploring common antecedents of three related decision biases (2009)Exploring common antecedents …The Theory of Syndicates (1968)Essays in the Theory of Risk-Bearing. (1972)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Good News and Bad News: Representation Theorems and Applications (1981)Financial Intermediation and Delegated Monitoring (1984)Agency Costs, Net Worth, And Business Fluctuations (1988)The Structure of Scientific Revolutions (1963)A perspective on judgment and choice: Mapping bounded rationality. (2003)Maps of Bounded Rationality: Psychology for Behavioral Economics (2003)Judgment under Uncertainty: Heuristics and Biases (1974)The Framing of Decisions and the Psychology of Choice (1981)Construal-level theory of psychological distance. (2010)Judgment under Uncertainty: Heuristics and Biases (1975)Individual differences in reasoning: Implications for the rationality debate? (2000)Risk, Ambiguity, and the Savage Axioms (1961)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)The Nature of the Firm (1937)The choice of organizational form The case of franchising (1987)The Economic Institutions of Capitalism (1987)Fairness and Retaliation: The Economics of Reciprocity (2000)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Intrinsic and Extrinsic Motivation (2003)Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small and in the Large (1976)Oxytocin increases trust in humans (2005)Gender Differences in Preferences (2009)INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES (2011)A Theory of Fairness, Competition, and Cooperation (1999)Time Discounting and Time Preference: A Critical Review (2002)Are people conditionally cooperative? Evidence from a public goods experiment (2001)Altruistic punishment in humans (2002)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 2007z-Tree: Zurich toolbox for ready-made economic experiments9,517 cited
  • 1979Moral Hazard and Observability8,358 cited
  • 1991Loss Aversion in Riskless Choice: A Reference-Dependent Model6,428 cited
  • 1991Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design6,042 cited
  • 2002Risk Aversion and Incentive Effects5,973 cited
  • 1988Status quo bias in decision making5,912 cited
  • 1980Toward a positive theory of consumer choice5,574 cited
  • 1991Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias5,015 cited
  • 1990Corporate culture and economic theory2,233 cited
  • 2001Loss Aversion and Seller Behavior: Evidence from the Housing Market1,627 cited
  • 1999The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework1,547 cited
  • 1999The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework \n1,428 cited

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  • 2002The effects of monetary incentives on effort and task performance: theories, evidence, and a framework for research968 cited
  • Cited by

    • 2014EXPLORING THE RELATIONSHIP BETWEEN98 cited
    • 2020Engagement behavior and financial well-being: The effect of message framing in online pension communication62 cited
    • 2018Revisiting the Trade-off Between Risk and Incentives: The Shocking Effect of Random Shocks?33 cited
    • 2016Efficient contracting and incentive agreements between regulators and bus operators: The influence of risk preferences of contracting agents on contract choice33 cited
    • 2016The Effect of High Power Financial Incentives on Excessive Risk-Taking Behavior: An Experimental Examination29 cited
    • 2017The impact of clawback provisions on information processing and investment behaviour24 cited
    • 2020Toward an Understanding of the Welfare Effects of Nudges: Evidence from a Field Experiment in the Workplace23 cited
    • 2016Choking under time pressure: The influence of deadline-dependent bonus and malus incentive schemes on performance22 cited
    • 2019Do Effort Differences between Bonus and Penalty Contracts Persist in Labor Markets?22 cited
    • 2022Confucian culture and accounting conservatism: evidence from China19 cited
    • 2023Negative Tail Events, Emotions and Risk Taking7 cited
    • 2013Strategic Framing in Contracts7 cited
    • 2014The neural correlates of contractual risk and penalty framing3 cited
    • 2009Exploring common antecedents of three related decision biases1 cited
    • 2013The Impact of Clawback Provisions on Information Processing and Investment Behavior1 cited
    • 2024The Validity of Amazon’s Mechanical Turk in Assessing Risk Preferences - A Research Note1 cited