In vielen psychologischen Studien wurde gezeigt, dass Performance-Feedback als Motivator innerhalb einer Arbeitsbeziehung wirkt. In diesem Papier soll nun die Wirkung von Feedback mit Methoden der OEkonomie untersucht werden. Dazu wird der Einfluss von Feedback auf die Arbeitsanstrengung des...

We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as though they were purely...

Most principal agent models predict that increasing incentives result in higher performance. This paper examines whether this result is valid under real effort conditions. Exposing the participants to varying strengths of incentives, we find an inverse U-shaped relationship between effort levels...

If the investment budget is limited, not all profitable projects can be realized. Then the principal desires the agent to select the NPV-maximizing set of projects. Residual income does not solve this problem if the agent is impatient. Even the relative benefit cost allocation scheme proposed by...