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the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are …
Persistent link: https://www.econbiz.de/10010273743
Owners of private companies are often highly underdiversified which exposes them to idiosyncratic risk. We investigate the consequences of underdiversification at the company level. Information on US companies and their owners is obtained from the Survey of Consumer Finances and the Survey of...
Persistent link: https://www.econbiz.de/10010297370
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative …
Persistent link: https://www.econbiz.de/10010297732
Alphabetic name ordering on multi-authored academic papers, which is the convention in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Professor A, who has been a first author more...
Persistent link: https://www.econbiz.de/10010276299
multitask incentives relative to the primary performance measure. Specifically, we find evidence that second and third bonuses … are used to provide better incentives for cooperation and to reduce incentives for manipulation. Fourth, we present … implicit incentives for promotions and other rewards, also appear to play the same roles. …
Persistent link: https://www.econbiz.de/10010276949
Alphabetic name ordering on multi-authored academic papers, which is the conven-tion in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Pro-fessor A, who has been a first author more...
Persistent link: https://www.econbiz.de/10010276970
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/10010278772
in a simple model that the perceived degree of past differentiation affects future incentives. We then study the impact …
Persistent link: https://www.econbiz.de/10010282509
Effort-biased technological change and other explanations for work intensification are investigated. It is hypothesised that technological and organizational changes are one important source of work intensification and supportive evidence is found using establishment data for Britain in the...
Persistent link: https://www.econbiz.de/10010290642
) of rice production in Bangladesh. The incentive component of TFP assists in explaining farmers’ response to incentives …
Persistent link: https://www.econbiz.de/10010322796