Showing 1 - 10 of 196
Satiation of need is generally ignored by growth theory. I study a model where consumers may be satiated in any given good but new goods may be introduced. A social planner will never elect a trajectory with long-run satiation. Instead, he will introduce enough new goods to avoid such a...
Persistent link: https://www.econbiz.de/10012950921
We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders … selfishness are more likely to exercise an autocratic leadership style by ignoring preferences of the other team members. Yet … assigned leaders to use a democratic leadership style by reaching team consensus. Male leaders and leaders influenced by group …
Persistent link: https://www.econbiz.de/10012764226
To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing...
Persistent link: https://www.econbiz.de/10012764647
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
participants who face a social dilemma in their daily lives (i.e., team production), we do find strong links between the social … endogenously with respect to how widely team production is utilized …
Persistent link: https://www.econbiz.de/10012754518
We study how help can be fostered by means of a team bonus in the presence of rank-order tournaments. In a simple model … we combine elements of relative rewards and a team bonus and study their effect on effort, help and sabotage. Quite … intuitively the theoretical analysis suggests that team members help less as relative rewards increase. This problem is mitigated …
Persistent link: https://www.econbiz.de/10012870216
We test if cooperation is promoted by rank-order competition between groups in which all groups can be ranked first, i.e. when everyone can be a winner. This type of rank-order competition has the advantage that it can eliminate the negative externality a group's performance imposes on other...
Persistent link: https://www.econbiz.de/10012756159
This paper assesses the effect of two stylized and antithetic non-monetary incentive schemes on students' effort. We collect data from a field experiment where incentives are exogenously imposed, performance is monitored and individual characteristics are observed. Students are randomly assigned...
Persistent link: https://www.econbiz.de/10013122404
There is a large literature on social interactions and still little is known about the economic mechanisms leading to the high level of clustering in behavior that is so commonly observed in the data. In this paper we present a model in which agents are allowed to interact according to three...
Persistent link: https://www.econbiz.de/10013126935
importance of individual, team, and company performance for compensation, we find a significant positive relation between the … intensity of team incentives and several survey measures of cooperation. Moreover, higher powered team incentives are associated …
Persistent link: https://www.econbiz.de/10013127348