This study investigates if and how the influence of compensation interdependence on risk-taking depends on mutual monitoring of risky investment decisions. We argue that individuals under compensation interdependence have a behavioral incentive for higher risk-taking if mutual monitoring is...

We investigate by means of an experiment how the perception of preventive management controls depends on task complexity and how both affect effort allocation in a multi-task environment. We predict and find that individuals perceive controls as more negative, i.e., annoying and obstructive, if...

Purpose: In the aftermath of the financial crisis, the influence of competitive compensation systems on employee risk taking has gained increasing attention. As the renouncement of such incentive schemes might entail severe disadvantages regarding employee motivation, standard setters have...

This paper provides a systematic literature review of experimental findings on the difference between individual risk-taking and risk-taking in groups from an economic perspective. Incorporating studies across different disciplines, the currently fragmented literature is synthesized in a...

This study investigates the motivational effect of relative performance information (RPI) under working environments with or without surveillance, i.e., a behavioral control. We predict that surveillance negatively affects the performance-increasing effect of providing RPI and conduct a...