Ontology highlight
ABSTRACT:
SUBMITTER: Knoller C
PROVIDER: S-EPMC7842880 | biostudies-literature | 2021
REPOSITORIES: biostudies-literature
Knoller Christian C Neuß Stefan S Peter Richard R
PloS one 20210128 1
When people anticipate financial support, they may reduce preventive effort. We conjecture that the source of financial support can mitigate this moral hazard effect due to social preferences. We compare effort choices when another individual voluntarily provides financial support against effort choices under purely monetary incentives. When financial support is provided voluntarily by another individual, we expect recipients to exert more effort to avoid bad outcomes (level effect) and to reduc ...[more]