or symmetric), and piece-rate reward were manipulated factorially to test the robustness of the effects of uncertainty … uncertainty in the selection process. Uncertainty, in turn, is expected to increase the efforts made by competing agents (Cowen … of uncertainty (sampling occasions of productions, 1 or 3), cost of production (high or low), cost symmetry (asymmetric …

processes and the inherent variability of competitors' effort choices introduce uncertainty to tournament settings with respect …As firms implement tournament bonus reward schemes, mainly the idea is to introduce competition amongst their agents in … uncertainty leads to more excess of effort if compared to optimality (Avrahami et al., 2007). This paper experimentally …

processes and the inherent variability of competitors' effort choices introduce uncertainty to tournament settings with respect …As firms implement tournament bonus reward schemes, mainly the idea is to introduce competition amongst their agents in … uncertainty leads to more excess of effort if compared to optimality (Avrahami et al., 2007). This paper experimentally …

Empirical studies of the principal-agent relationship find that extrinsic incentives work in many instances, linking … drive to work to master a skill or to improve one's self image, is thought to be the key to whether incentives work or not …. If the incentives crowd-out intrinsic motivation, and the effect is large enough, the net motivational effect on effort …

Empirical studies of the principal-agent relationship find that extrinsic incentives work in many instances, linking … drive to work to master a skill or to improve one's self image, is thought to be the key to whether incentives work or not …. If the incentives crowd-out intrinsic motivation, and the effect is large enough, the net motivational effect on effort …

Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a … and non-monetary incentives imperfect. These findings have implications for the design of incentives in mission …

This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …. Depending on the treatment, the variable payment is either a piece rate, a tournament or a revenue-sharing scheme. We elicit … findings are as follows. First, output is much higher in the variable pay schemes (piece rate, tournament, and revenue sharing …