We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...

In vielen psychologischen Studien wurde gezeigt, dass Performance-Feedback als Motivator innerhalb einer Arbeitsbeziehung wirkt. In diesem Papier soll nun die Wirkung von Feedback mit Methoden der Ökonomie untersucht werden. Dazu wird der Einfluss von Feedback auf die Arbeitsanstrengung des...

Standard economic theory asserts that cash incentives are always better than non-cash ones, or at least not worse. This study employs a real effort experiment to analyze the impact of monetary, non-monetary, and a combination of monetary and non-monetary incentives on performance, where...

According to most simple agency models only the performance dependent part of the compensation drives the agent's effort decision. However, we show that this is not necessarily the case for reference dependent and loss averse agents. Based on Pokorny (2008) we firstly analyze the impact of the...

Über einen Zeitraum von mehr als zehn Jahren hat die Stiftung Familienunternehmen von verschiedenen Forschungsinstituten junge Fach- und Führungskräfte nach ihren Erwartungen und Einstellungen gegenüber Familienunternehmen als Arbeitgeber befragen lassen. Männern wie Frauen sind dabei eine...

Die zweijährige Forschungsarbeit zeigt, wie Familienbetriebe auf dem Arbeitsmarkt positioniert sind. Dafür untersuchte die Technische Universität München unter Leitung von Prof. Dr. Alwine Mohnen empirisch zahlreiche Aspekte des Personalmanagements in Familienunternehmen: Von der Gewinnung...

Although a broad field of literature on incentive theory exists, employer-provided tangible goods (hereafter called benefits) have so far been neglected by economic research. A remarkable exception is an empirical study by Oyer (2008). In our study, we test some of his findings by drawing on a...

The practical relevance of favouritism among students of the same study path is evident in lifelong memberships in fraternities or sororities or in high donations to faculties. In our study, we focus on the in-group favouritism of students by examining the trade-off of acting based on in-group...

To examine the influence of working hours on employees' satisfaction, this article uses a large, representative set of panel data from German households (GSOEP). The results show that high working hours and overtime in general do not lead to decreased satisfaction. Rather, increasing working...

We study the determinants of biases in subjective performance evaluations in an MTurk experiment to test the implications of a standard formal framework of rational subjective evaluations. In the experiment, subjects in the role of workers work on a real effort task. Subjects in the role of...