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that show, in a very general setting, that the choice between work effort and leisure under given linear incentives depends …
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Drawing on theories of behavioral decision making and situational strength, we developed and tested a multilevel model that explains how the performance outcomes of personal initiative tendency depend on the extent of alignment between organizational control mechanisms and proactive...
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with our theory, performance pay usage is associated with increased earnings variance for workers, but lower volatility of …
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One of the standard predictions of the agency theory is that more incentives can be given to agents with lower risk … obtain that lower agent’s risk aversion unambiguously leads to higher incentives when the technology function linking …
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