the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …

the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …

the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … analysed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …

-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is analyzed within the framework of rank … from emotional workers. In this case, he clearly prefers unfair to fair tournaments. Furthermore, the concept of emotions …We introduce a concept of emotions that emerge when workers compare their own performance with the performances of co …

the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …

their own performances with those of co-workers. I analyze the interplay of emotions and incentives by focusing on a certain … emotions lead to additional incentives and under which the employer benefits from emotional workers, and I sketch the impact of … risk aversion on the interplay of emotions and incentives, and the influence of a worker’s success probability on the …

their own performances with those of co-workers. I analyze the interplay of emotions and incentives by focusing on a certain … emotions lead to additional incentives and under which the employer benefits from emotional workers, and I sketch the impact of … risk aversion on the interplay of emotions and incentives, and the influence of a worker's success probability on the …

rewarding success, i.e., paying a bonus, increase effort in this case? I find that bonuses have not only an incentive but also … an income effect. Overall, bonuses paid for success may well reduce effort and hence the probability of success. I also …

We analyze whether incentives from relative performance pay are reduced or enhanced if a department is possibly … terminated due to a crisis. Our benchmark model shows that incentives decrease in a severe crisis, but are boosted given a minor … predictions in a laboratory experiment. The results confirm the effort ranking but show that in a severe crisis individuals …

experiment in a retail chain. In the performance pay treatments, managers receive a bonus for profit increases. In the …