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The Effect of Noise in a Performance Measure on Work Motivation

Sloof, Randolph; van Praag, C. Mirjam - 2008

expectancy theory; noisier performance measures do not lower work motivation. … than in the stable environment. This finding is in line with standard agency theory and contrasts a distinct element of …

Persistent link: https://www.econbiz.de/10010325762

Knight fever : towards an economics of awards

Frey, Bruno S. - 2005

Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...

Persistent link: https://www.econbiz.de/10010261193

Work and Family Balance: An Economic View

Fursman, Lindy; Jacobsen, Veronica; Varuhas, Jason - 2003

The way in which people balance their work and family responsibilities is becoming increasingly prominent on the policy agenda. This paper uses an economic framework to explore the rationale for government policies to improve work/family balance. It finds that strongest economic grounds for...

Persistent link: https://www.econbiz.de/10012115543

Performance appraisals and the impact of forced distribution: An experimental investigation

Berger, Johannes; Harbring, Christine; Sliwka, Dirk - 2010

A real effort experiment is investigated in which supervisors have to rate the performance of individual workers who in turn receive a bonus payment based on these ratings. We compare a baseline treatment in which supervisors were not restricted in their rating behavior to a forced distribution...

Persistent link: https://www.econbiz.de/10010269805

What is an award worth? : an econometric assessment of the impact of awards on employee performance

Neckermann, Susanne; Cueni, Reto; Frey, Bruno S. - 2009

Behavioral economics documents the importance of status and self-image concerns in the workplace, but is largely silent about how to instrumentalize them to induce effort. Awards - widespread in the corporate sector and elsewhere - are motivators that derive their value from such social...

Persistent link: https://www.econbiz.de/10010273799

Pro-social missions and worker motivation: An experimental study

Fehrler, Sebastian; Kosfeld, Michael - 2012

mission-oriented organizations is important to explain empirical findings of lower wages and high motivation in the latter. …

Persistent link: https://www.econbiz.de/10010282233

Non-profit organizations in a bureaucratic environment

Grout, Paul A.; Schnedler, Wendelin - 2008

How does the environment of an organization influence whether workers voluntarily provide effort? We study the power relationship between a non-profit unit (e.g. university department, NGO, health trust), where workers care about the result of their work, and a bureaucrat, who supplies some...

Persistent link: https://www.econbiz.de/10010274068

Potential, prizes and performance : testing tournament theory with professional tennis data

Sunde, Uwe - 2003

This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the … contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been … underlies any agency theory about elimination tournaments, and has been empirically tested in other contexts. The evidence …

Persistent link: https://www.econbiz.de/10010261647

Contractual and organizational structure with reciprocal agents

Englmaier, Florian; Leider, Stephen - 2008

Empirically, compensation systems generate substantial effort despite weak monetary incentives. We consider reciprocal motivations as a source of incentives. We solve for the optimal contract in the basic principal-agent problem and show that reciprocal motivations and explicit performance-based...

Persistent link: https://www.econbiz.de/10010264451

Job Assignments, Intrinsic Motivation and Explicit Incentives

Nafziger, Julia - 2008

This paper considers the interplay of job assignments with the intrinsic and extrinsic motivation of an agent. Job … assignments influence the self confidence of the agent, and thereby his intrinsic motivation. Monetary reward allow the principal … to complement intrinsic motivation with extrinsic incentives. The main result is that the principal chooses an …

Persistent link: https://www.econbiz.de/10010264916