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Subject
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Anreiz 1 Arbeitsleistung 1 Compensation system 1 Incentive pay 1 Incentives 1 Job performance 1 Leistungsanreiz 1 Leistungsentgelt 1 Performance incentive 1 Performance pay 1 Vergütungssystem 1 non-monetary rewards 1 platform economics 1 task selection 1 worker autonomy 1
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Free 1
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Book / Working Paper 1
Language
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English 1
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Madsen, Erik 1 Skrzypacz, Andrzej 1 Williams, Basil 1
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Stanford University Graduate School of Business Research Paper 1
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ECONIS (ZBW) 1
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Incentivizing Autonomous Workers
Madsen, Erik; Williams, Basil; Skrzypacz, Andrzej - 2023
Workers in an important category of jobs select tasks autonomously. We study the tradeoff between monetary bonuses and non-monetary prizes as tools for guiding their choices. An optimal incentive scheme prioritizes workers for prizes in return for taking on underserved tasks, and this...
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