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Author:Charness, G.
Levine, D. I.
Title:Intention and stochastic outcomes: An experimental study
Journal:Economic Journal
2007 : JUL, VOL. 117:522, p. 1051-1072
Index terms:employee motivation
pay incentives
reward systems
Freeterms:intentions
Language:eng
Abstract:Based on experimental study, the importance of good intentions is examined in wage setting situation. The findings suggest that rates of punishment and reward react strongly to intentions, specified as the wage a firm decides to pay, and more modestly to distributional outcomes, specified as the higher or lower wage actually received including stochastic component.
SCIMA record nr: 266928
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