Showing 1 - 10 of 707,924
collective tournament, incentives, randomization, risk … the first stage.-- collective tournament ; incentives ; randomization ; risk …In the context of principal-agent theory risk is largely seen as a source that causes inefficiencies and lowers …
Persistent link: https://www.econbiz.de/10003850395
In the context of principal-agent theory risk is largely seen as a source that causes inefficiencies and lowers … incentives and accordingly is not in the principal’s interest. In this paper I compare two different designs of a collective … tournament framework that risk in terms of chance is beneficial from the point of view of a profit maximizing principal who …
Persistent link: https://www.econbiz.de/10004968387
Why do some leaders use praise as a means to motivate workers, while other leaders use social punishment? This paper develops a simple economic model to examine how leadership styles depend on the prevailing labor-market conditions for workers. We show that the existence of a binding wage floor...
Persistent link: https://www.econbiz.de/10012315429
In recent decades, information and communication technology (ICT) has been associated with far-reaching changes in the design of jobs. However, it still remains unclear whether these changes will lead to more centralization or more decentralization in firms. Previous literature on this debate...
Persistent link: https://www.econbiz.de/10014078210
Why do some leaders use praise as a means to motivate workers, while other leaders use social punishment? This paper develops a simple economic model to examine how leadership styles depend on the prevailing labor-market conditions for workers. We show that the existence of a binding wage floor...
Persistent link: https://www.econbiz.de/10012497761
incentives. Second, by creating a shared identity in the workforce, the firm is able to reduce the adverse selection problem. We …
Persistent link: https://www.econbiz.de/10011968530
incentives. Second, by creating a shared identity in the workforce, the firm is able to reduce the adverse selection problem. We …
Persistent link: https://www.econbiz.de/10011004041
the firm invests in social bonding. First, it reinforces the effectiveness of monetary incentives. Second, strengthening …
Persistent link: https://www.econbiz.de/10011210986
incentives. Second, by creating a shared identity in the workforce, the firm is able to reduce the adverse selection problem. We …
Persistent link: https://www.econbiz.de/10010754873
This field experiment examines output quantity and quality for workers in a data input business. We observe two sets of workers that differ in monitoring intensity as they move from time to piece rates. The application of piece rates increases quantity, and we find that the resultant quality can...
Persistent link: https://www.econbiz.de/10010196479