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overconfidence affect worker self-selection, in particular into tournaments. Fourth, risk averse workers prefer fixed payments and … into tournaments. Sixth, variable pay schemes attract men more than women, a difference that is partly explained by gender …
Persistent link: https://www.econbiz.de/10010267618
We present results from a real-effort experiment, simulating actual work-place conditions, comparing the productivity of workers under fixed wages and piece rates. Workers, who were paid to enter data, were exposed to different degrees of peer pressure under both payment systems. The peer...
Persistent link: https://www.econbiz.de/10010276697
We present results from a field experiment designed to measure the importance of managerial commitment to a contract within a firm that pays its workers piece rates. In the tree planting industry the piece rate paid to workers is determined as a function of the difficulty of the terrain to be...
Persistent link: https://www.econbiz.de/10010377306
overconfidence affect worker self-selection, in particular into tournaments. Fourth, risk averse workers prefer fixed payments and … into tournaments. Sixth, variable pay schemes attract men more than women, a difference that is partly explained by gender …
Persistent link: https://www.econbiz.de/10005703774
We present results from a real-effort experiment, simulating actual work-place conditions, comparing the productivity of workers under fixed wages and piece rates. Workers, who were paid to enter data, were exposed to different degrees of peer pressure under both payment systems. The peer...
Persistent link: https://www.econbiz.de/10005011910
We present results from a field experiment designed to measure the importance of managerial commitment to a contract within a firm that pays its workers piece rates. In the tree planting industry the piece rate paid to workers is determined as a function of the difficulty of the terrain to be...
Persistent link: https://www.econbiz.de/10010779438
analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10010262021
analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10005703572
To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single …
Persistent link: https://www.econbiz.de/10011653483
the well being of others. In this paper we examine tournaments among inequity averse agents, who dislike disadvantageous …
Persistent link: https://www.econbiz.de/10010262248