return for taking on underserved tasks, and this prioritization increases as incentives power up. Bonuses may additionally be … used when incentives are sufficiently high-powered, but the optimal bonus is often non-monotone in the strength of … incentives. Our results have important implications for the design of worker reward programs on freelancing platforms such as …

incentives according to each task's marginal productivity. By contrast, with a relatively large wage floor, the principal … gradually lowers effort incentives to avoid rent payments to the agents, even before the wage floor exceeds the agents …

agents is efficient. Yet a sufficiently large wage floor induces the principal to distort incentives if not dismiss one agent …

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 …

workers' environments and incentive pay. The authors employ Prendergast's (2002) theory that incorporates the delegation of … risk and incentives. Using data from the 1998 Workplace Employment Relations Survey (WERS) representing a cross-section of …