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. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal. We find …
Persistent link: https://www.econbiz.de/10013082165
intensity of team incentives and several survey measures of cooperation. Moreover, higher powered team incentives are associated … with lower degrees of absenteeism while this is not the case for individual incentives …
Persistent link: https://www.econbiz.de/10013127348
that norm. High-powered incentives may crowd out motivation as pessimism about the norm is conveyed. But by choosing fixed …
Persistent link: https://www.econbiz.de/10012778314
Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce …. Compared to individual incentives, team incentives can affect productivity by changing both workers' effort and team … composition. We present evidence from a field experiment designed to evaluate the impact of rank incentives and tournaments on the …
Persistent link: https://www.econbiz.de/10013111669
The importance of fair and equal treatment of workers is at the heart of the debate in organizational management. In this regard, we study how reward mechanisms and production technologies affect effort provision in teams. Our experimental results demonstrate that unequal rewards can potentially...
Persistent link: https://www.econbiz.de/10012749898
Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In … with positive externalities between agents, incentive reversal might occur: an increase in monetary incentives (either …
Persistent link: https://www.econbiz.de/10013129921
multiple tasks. We first analyze a formal model showing that incentives are lower powered when supervisors have no access to … span of control is larger and incentives are distorted towards more profitable tasks. We then investigate a field …
Persistent link: https://www.econbiz.de/10012915743
Agents' decisions to exert effort depends on the provided incentives as well as the potential costs for doing so. So …
Persistent link: https://www.econbiz.de/10012962308
Empirical studies of the principal-agent relationship find that extrinsic incentives work in many instances, linking … drive to work to master a skill or to improve one's self image, is thought to be the key to whether incentives work or not …. If the incentives crowd-out intrinsic motivation, and the effect is large enough, the net motivational effect on effort …
Persistent link: https://www.econbiz.de/10013078830
behavior through incentives. We study the impact of these two roles of information on profits by implementing a field …
Persistent link: https://www.econbiz.de/10013238644