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Observability and Overcoming Coordination Failure in Organizations. An Experimental Study

Brandts, Jordi; Cooper, David J. - Barcelona Graduate School of Economics (Barcelona GSE) - 2004

Many organizations suffer poor performance because its members fail to coordinate on efficient patterns of behavior. In previous research, we have shown that financial incentives can be used to find a way out of such performance traps. Here we examine the sensitivity of this result to the...

Persistent link: https://www.econbiz.de/10010547425

It's What You Say Not What You Pay. An Experimental Study of Manager-Employee Relationship in Overcoming Coordination Failure.

Brandts, Jordi; Cooper, David J. - Barcelona Graduate School of Economics (Barcelona GSE) - 2005

We study manager-employee interactions in experiments set in a corporate environment where payoffs depend on employees coordinating at high effort levels; the underlying game being played repeatedly by employees is a weak-link game. In the absence of managerial intervention subjects invariably...

Persistent link: https://www.econbiz.de/10010547458

A Change Would Do You Good... An Experimental Study on How to Overcome Coordination Failure in Organizations

Brandts, Jordi; Cooper, David J. - Barcelona Graduate School of Economics (Barcelona GSE) - 2004

Many organizations suffer poor performance because individuals within the organization fail to coordinate on efficient patterns of behavior. Using controlled laboratory experiments, we study how financial incentives can be used to find a way out of such performance traps. Our experiments are set...

Persistent link: https://www.econbiz.de/10010547461

The Distribution of Talent across Contests

Azmat, Ghazala; Möller, Marc - Barcelona Graduate School of Economics (Barcelona GSE) - 2012

Do the contests with the largest prizes attract the most able contestants? Do contestants avoid competition? In this paper we show that the distribution of abilities plays a crucial role in determining contest choice. Positive sorting exist only when the proportion of high ability contestants is...

Persistent link: https://www.econbiz.de/10010851331

Testing for Asymmetric Information in Private Health Insurance

Olivella, Pau; Vera-Hernández, Marcos - Barcelona Graduate School of Economics (Barcelona GSE) - 2006

We develop a test for adverse selection and use it to examine private health insurance markets. In contrast to earlier papers that consider a purely private system or a system in which private insurance supplements a public system, we focus our attention on a system where privately funded health...

Persistent link: https://www.econbiz.de/10010547456

Building an Honest Microfinance Organization: Embezzlement and the Optimality of Rigid Repayment Schedules and Joint Liability

Jeon, Doh-Shin; Menicucci, Domenico - Barcelona Graduate School of Economics (Barcelona GSE) - 2006

Kevane (2002). We study the trade-off between the optimal rigid lending contract and the optimal discretionary one and find … that a rigid contract is optimal when the audit cost is larger than gains from insurance. Our analysis explains rigid … insurance can be provided by borrowers themselves under individual liability through a side-contract. …

Persistent link: https://www.econbiz.de/10010851343

Input Diffusion and the Evolution of Production Networks

Carvalho, Vasco; Voigtländer, Nico - Barcelona Graduate School of Economics (Barcelona GSE) - 2015

The adoption and diffusion of inputs in the production network is at the heart of technological progress. What determines which inputs are initially considered and eventually adopted by innovators? We examine the evolution of input linkages from a network perspective, starting from a stylized...

Persistent link: https://www.econbiz.de/10011266629

Gender Gaps in Performance: Evidence from Young Lawyers

Azmat, Ghazala; Ferrer, Rosa - Barcelona Graduate School of Economics (Barcelona GSE) - 2014

This paper documents and studies the gender gap in performance among associate lawyers in the United States. Unlike other high-skilled professions, the legal profession measures and rewards productivity with objective methods that are widely used and comparable across firms: the number of hours...

Persistent link: https://www.econbiz.de/10011123588

Is Seniority-Based Pay used as a Motivation Device? Evidence from Plant Level Data

Bayo-Moriones, Alberto; Galdon-Sanchez, Jose E.; … - Barcelona Graduate School of Economics (Barcelona GSE) - 2004

In this paper we use data from industrial plants to investigate if seniority-based pay is used as a motivational device for production workers. Alternatively, seniority-based pay could simply be a wage setting rule not necessarily related to the provision of incentives. Unlike previous papers,...

Persistent link: https://www.econbiz.de/10010851485

The Provision of Relative Performance Feedback Information: An Experimental Analysis of Performance and Happiness

Azmat, Ghazala; Iriberri, Nagore - Barcelona Graduate School of Economics (Barcelona GSE) - 2010

This paper studies the effect of providing relative performance feedback information on individual performance and on individual affective response, when agents are rewarded according to their absolute performance. In a laboratory set-up, agents perform a real effort task and when receiving...

Persistent link: https://www.econbiz.de/10010547313