Project title Studying productivity in the lab: What have we learned & where do we from here? 
Duration  8 weeks
Description

Productivity is a key source of economic growth and competitiveness. A country's ability to improve its standard of living depends almost entirely on its ability to raise its output per worker. Increasing productivity is a key concern for firms that wish to stay competitive and for individuals who wish to excel at their work and/or find time to spend with their families.

Laboratory experiments involving real effort tasks provide controlled environments that allow not only to measure productivity but also examine how different factors influence the productivity of workers. There is a vast experimental literature on effort provision that ranges from research on the relationship between intrinsic and extrinsic incentives, to how fairness concerns, group identity, and peer pressure influence productivity.

Purpose of the project is to review the experimental economics literature on productivity in real effort tasks and consolidate what the key lessons learned as well as what would be important dimensions for future research.

Expected outcomes & deliverables

The research student is expected to write a literature review on the topic summarizing what the key lessons learned as well as identify what would be important dimensions for future research.

Student qualities

This project is open to economics students with a background in experimental economics.

Primary supervisor

Dr Alex Karakostas

Further information Students are encouraged to contact the supervisor via email if they have any questions: a.karakostas@uq.edu.au.