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Since the onset of the COVID-19 pandemic, the world has seen a dramatic increase in the prevalence of remote work, with far-reaching financial, economic, social, and environmental consequences. This has also resulted in an unprecedented expansion of the use of digital monitoring tools by...
Persistent link: https://www.econbiz.de/10014358477
Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production with positive externalities between agents, incentive...
Persistent link: https://www.econbiz.de/10009230143
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This paper examines how the effort choices of workers within the same firm interact with each other. In contrast to the existing literature, we show that workers can affect the productivity of their co-workers based on income maximization considerations, rather than relying on behavioral...
Persistent link: https://www.econbiz.de/10003561656
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Persistent link: https://www.econbiz.de/10010339120
Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production with positive externalities between agents, incentive...
Persistent link: https://www.econbiz.de/10013129921
Persistent link: https://www.econbiz.de/10015050164