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We investigate the efficiency of piece-rate contracts using data from a field experiment, conducted within a tree …-planting firm. During the experiment, the piece rate paid to planters was exogenously increased. Regression methods yield an …
Persistent link: https://www.econbiz.de/10014052922
The provision of social incentives in the workplace, where performance benefits a charitable cause, has been frequently … used in modern organizations. In this paper, we quantify the impact of social incentives on performance under two incentive … schemes: piece rate and a winner-take-all tournament. We introduce social incentives by informing individuals that 50% of …
Persistent link: https://www.econbiz.de/10012798210
We present results from a field experiment designed to measure the importance of managerial commitment to a contract … as a function of the difficulty of the terrain to be planted. During the experiment, workers began planting a terrain at …
Persistent link: https://www.econbiz.de/10010359307
We present results from a field experiment designed to measure the importance of managerial commitment to a contract … as a function of the difficulty of the terrain to be planted. During the experiment, workers began planting a terrain at …
Persistent link: https://www.econbiz.de/10010384384
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Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004: The existing literature on the comparison of tournaments and piece rates as alternative incentive schemes has focused on the case of unlimited liability. However, in practice real workers' wealth is typically restricted....
Persistent link: https://www.econbiz.de/10010343971
In a randomized field experiment, we investigate the connection between work goals, monetary incentives, and work … backed up by monetary incentives. We propose a novel incentive contract where – through the choice of a personal work goal …
Persistent link: https://www.econbiz.de/10013099561
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