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In Support of the Supporters? Do Social Forces Shape Decisions of the Impartial?

Dohmen, Thomas J. - Institute for the Study of Labor (IZA) - 2003

Analyzing the neutrality of referees during nine German premier league (1. Bundesliga) soccer seasons, this paper documents evidence that social forces influence agents' preferences and decisions. Those, who are appointed to be impartial, tend to favor the home team as they systematically award...

Persistent link: https://www.econbiz.de/10005763442

Social Pressure Influences Decisions of Individuals: Evidence from the Behavior of Football Referees

Dohmen, Thomas J. - Institute for the Study of Labor (IZA) - 2005

Analyzing the neutrality of referees during twelve German premier league (1st Bundesliga) football seasons, this paper documents evidence that social forces influence agents’ preferences and decisions. Those, who are appointed to be impartial, tend to favor the home team as they systematically...

Persistent link: https://www.econbiz.de/10005233800

Layoffs as Part of an Optimal Incentive Mix: Theory and Evidence

Frederiksen, Anders; Takáts, Elöd - Institute for the Study of Labor (IZA) - 2006

Firms offer highly complex contracts to their employees. These contracts contain a mix of incentives, such as fixed wages, bonus payments, promotion options, and layoff threats. In general, economists understand how incentives motivate employees but not why a particular mix should be used. In...

Persistent link: https://www.econbiz.de/10005822954

Does Low Job Satisfaction Lead to Job Mobility?

Kristensen, Nicolai; Westergård-Nielsen, Niels - Institute for the Study of Labor (IZA) - 2004

This paper seeks to analyse the role of job satisfaction and actual job change behaviour. The analysis is based on the European Community Household Panel (ECHP) data for Danish families 1994-2000. The results show that inclusion of job satisfaction, which is a subjective measure, does improve...

Persistent link: https://www.econbiz.de/10005700967

Earnings Progression, Human Capital and Incentives: Theory and Evidence

Frederiksen, Anders - Institute for the Study of Labor (IZA) - 2010

The career prospects of newly recruited employees differ substantially within an organization. The stars experience a considerable growth in earnings; others can hardly maintain their entry salaries. This article sheds light on the mechanisms generating the observed heterogeneity in earnings...

Persistent link: https://www.econbiz.de/10008457150

Performance Pay and Multi-dimensional Sorting: Productivity, Preferences and Gender

Dohmen, Thomas; Falk, Armin - Institute for the Study of Labor (IZA) - 2006

This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first step we elicit subjects’ productivity levels. Subjects then face the choice between a fixed or a variable payment scheme. Depending on the treatment, the variable payment is...

Persistent link: https://www.econbiz.de/10005703774

Worker Separations in a Nonstationary Corporate Environment

Dohmen, Thomas J.; Pfann, Gerard A. - Institute for the Study of Labor (IZA) - 2000

This paper investigates differences in worker turnover characteristics between periods of workforce expansion and contraction in a firm. We derive a Cox proportional hazard model from a simple model of job separation based on the expected surpluses from the firm and its workers. We account for...

Persistent link: https://www.econbiz.de/10005822925

Can Higher Bonuses Lead to Less Effort? Incentive Reversal in Teams

Klor, Esteban F.; Kube, Sebastian; Winter, Eyal; … - Institute for the Study of Labor (IZA) - 2011

Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production with positive externalities between agents, incentive...

Persistent link: https://www.econbiz.de/10008839289

Monkey Bars and Ladders: The Importance of Lateral and Vertical Job Mobility in Internal Labor Market Careers

Dohmen, Thomas J.; Kriechel, Ben; Pfann, Gerard A. - Institute for the Study of Labor (IZA) - 2003

The research area of the new economics of personnel has a short but important and insightful history. Theory ahead of …

Persistent link: https://www.econbiz.de/10005763801

Behavioural Labour Economics: Advances and Future Directions

Dohmen, Thomas - Institute for the Study of Labor (IZA) - 2014

In the past decades, behavioural economics has become an influential and important field of economics. Interest in … behavioural economics derives from unease with standard economic models that are based on restrictive assumptions, which confine … the nature of human motivation. Although Adam Smith, the founding father of modern economics, had highlighted the …

Persistent link: https://www.econbiz.de/10010959714