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Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10008727777
the performance measure and its similarity (congruity, congruence) to the benefit of the manager’s employer. A necessary …
Persistent link: https://www.econbiz.de/10005566602
We study the effect of recognition on performance with a field experiment involving first-year undergraduate students … that conformance to performance norm is the most likely behavioral mechanism behind our findings. …
Persistent link: https://www.econbiz.de/10010884116
games and underdogs to be less performing. They also show that the performance differential between players increases with …
Persistent link: https://www.econbiz.de/10005566466
This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … targets, measured with varying degrees of precision. We use data from the agency's performance management system and personnel … records plus matched labour market data. We focus on three main issues: whether performance pay matters for public service …
Persistent link: https://www.econbiz.de/10010559801
This paper shows that the incentive effects of heterogeneity may be positive rather than negative in dynamic contests with multiple stages. In particular, the well-studied adverse effects of heterogeneity in static interactions are compensated by positive continuation-value and selection...
Persistent link: https://www.econbiz.de/10010886143
performance of the firm and the effort of workers in total. For workers who buy subsidized shares, an ESPP sets up a group … of workers' compensation depend on company performance. Using data from the UK establishments of a multinational firm … the plan, but are no more involved in co-monitoring the performance of fellow employees than non-Plan members. We also …
Persistent link: https://www.econbiz.de/10010959665
Do employees work harder if their job has the right mission? In a laboratory labor market experiment, we test whether subjects provide higher effort if they can choose the mission of their job. We observe that subjects do not provide higher effort than in a control treatment. Surprised by this...
Persistent link: https://www.econbiz.de/10011279260
How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the economic analysis of labour provision. We shed light on this issue by experimentally investigating team-based compensations with and without bonuses awarded to the highest...
Persistent link: https://www.econbiz.de/10005233887
We investigate the economic relevance and the composition of gifts within a firm where output is contractible. We develop a structural econometric model that identifies workers' optimal reaction to monetary gifts received from their employer. We estimate the model using data from two separate...
Persistent link: https://www.econbiz.de/10005078568