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http://hdl.handle.net/10419/32633
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| Title: | | Hidden costs of control: Three repetitions and an extension  |
| Authors: | | Ploner, Matteo Schmelz, Katrin Ziegelmeyer, Anthony |
| Issue Date: | | 2010 |
| Series/Report no.: | | Jena economic research papers 2010,007 |
| Abstract: | | We report three repetitions of Falk and Kosfeld's (2006) C5 and C10 treatments whose results largely conflict with those of the original study. We mainly observe hidden costs of control of low magnitude which lead to low-trust principal-agent relationships. We also report an extension where performance-based rewards are absent i.e. both principals and agents are paid according to a at participation fee. Our extension largely reproduces the striking findings of the original study. In particular, we observe that hidden costs outweigh benefits of control. |
| Subjects: | | Control Experimental Economics Incentives Intrinsic Motivation Trust |
| JEL: | | C81 C91 M52 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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