Showing 1 - 10 of 34,610
A previous literature cautions that paying workers for performance might crowd out non-monetary motives to work hard …, however, with a minority of workers report crowding in of motivation. Thus, the impact of performance pay might depend on the …
Persistent link: https://www.econbiz.de/10011946785
Empirical research on the principal-agent model has focused almost exclusively on the incentives provided to chief executive officers. However, the model is also directly relevant to the incentives provided to other top executives. Furthermore, the extent to which other executives will be...
Persistent link: https://www.econbiz.de/10014027832
Persistent link: https://www.econbiz.de/10001838248
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/10003763282
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/10013319622
intrinsic motivation for students with low skills, while girls also respond less to rank-based incentives if tested with less …
Persistent link: https://www.econbiz.de/10010398729
Persistent link: https://www.econbiz.de/10011401271
. Given recent interest in theories of reciprocity and intrinsic motivation and their implications for effort provision, the … neoclassical prediction seems less obvious today. To better understand the motivation of these workers, I estimate their labor … supply using a real effort experiment. Two results stand out. First, no one theory seems to fit the pooled data. On average …
Persistent link: https://www.econbiz.de/10011453435
Persistent link: https://www.econbiz.de/10011770901
Persistent link: https://www.econbiz.de/10003779126