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Ambiguity in Performance Pay: An Online Experiment
Cooper, David; Johnson, David - Department of Economics, University of Calgary - 2013
likelihood of quitting the task prior to completion, but has little effect on performance. Oddly, low levels of ambiguity … online labor market, Amazon Mechanical Turk, we study the effect of ambiguity on the willingness of individuals to accept a … potential workers have about how a performance bonus is assigned and their ability at the task. Ambiguity about the relationship …
Persistent link: https://www.econbiz.de/10010699772
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The adverse consequences of tournaments : evidence from a field experiment
De Paola, Maria; Gioia, Francesca; Scoppa, Vincenzo - 2016
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in which one part was awarded on the basis of their relative...
Persistent link: https://www.econbiz.de/10011455813
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Awards as Incentives
Neckermann, Susanne; Frey, Bruno S. - 2008
Non-monetary incentives in the form of awards have so far escaped the attention of economists despite their widespread … use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …
Persistent link: https://www.econbiz.de/10012168309
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And the winner is…? The motivating power of employee awards
Neckermann, Susanne; Frey, Bruno S. - In: Journal of Behavioral and Experimental Economics … 46 (2013) C, pp. 66-77
This paper reports the findings from a survey experiment conducted online at IBM to assess the impact of employee awards on behavior in the workplace. We document that the introduction of a hypothetical award has statistically significant effects on the stated willingness to contribute to a...
Persistent link: https://www.econbiz.de/10011051798
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Awards as Incentives
Neckermann, Susanne; Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2008
Non-monetary incentives in the form of awards have so far escaped the attention of economists despite their widespread … use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …
Persistent link: https://www.econbiz.de/10005627888
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Awards as Incentives
Neckermann, Susanne; Frey, Bruno S. - Center for Research in Economics, Management and the … - 2008
Non-monetary incentives in the form of awards have so far escaped the attention of economists despite their widespread … use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …
Persistent link: https://www.econbiz.de/10005808599
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Awards as Incentives
Neckermann, Susanne - 2008
Non-monetary incentives in the form of awards have so far escaped the attention of economists despite their widespread … use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …
Persistent link: https://www.econbiz.de/10012726196
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Incentives, Risk and Compensation Schemes : Experimental Evidence on the Importance of Risk Adequate Compensation
Conrad, Christian - 2023
Compensation schemes have been blamed for encouraging excess risk-taking on the part of managers within the financial system and real economy. In general, compensation cannot decrease below the base salary, while gains from bonuses can be limitless. The potential link between compensation and...
Persistent link: https://www.econbiz.de/10014348916
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The Virtual Bingo Blower: An open-source tool to generate ambiguity and risk in experiments
Andersson, Ola; Castillo, Geoffrey; Wengström, Erik - 2024
We propose the Virtual Bingo Blower (VBB) as a way to generate credible risk and ambiguity in computerized experiments …, we measure ambiguity attitudes and vary the source of ambiguity, using either the VBB or natural events. We find that the … VBB and natural events result in a similar degree of ambiguity aversion. Further, we find that, by manipulating the number …
Persistent link: https://www.econbiz.de/10015130148
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The Virtual Bingo Blower : an open-source tool to generate ambiguity and risk in experiments
Andersson, Ola; Castillo, Geoffrey; Wengström, Erik - 2024
We propose the Virtual Bingo Blower (VBB) as a way to generate credible risk and ambiguity in computerized experiments …, we measure ambiguity attitudes and vary the source of ambiguity, using either the VBB or natural events. We find that the … VBB and natural events result in a similar degree of ambiguity aversion. Further, we find that, by manipulating the number …
Persistent link: https://www.econbiz.de/10015075038