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We present results from a field experiment designed to measure the importance of managerial commitment to a contract within a firm that pays its workers piece rates. In the tree planting industry the piece rate paid to workers is determined as a function of the difficulty of the terrain to be...
Persistent link: https://www.econbiz.de/10010779438
overconfidence affect worker self-selection, in particular into tournaments. Fourth, risk averse workers prefer fixed payments and … into tournaments. Sixth, variable pay schemes attract men more than women, a difference that is partly explained by gender …
Persistent link: https://www.econbiz.de/10010267618
We present results from a real-effort experiment, simulating actual work-place conditions, comparing the productivity of workers under fixed wages and piece rates. Workers, who were paid to enter data, were exposed to different degrees of peer pressure under both payment systems. The peer...
Persistent link: https://www.econbiz.de/10010276697
We present results from a real-effort experiment, simulating actual work-place conditions, comparing the productivity of workers under fixed wages and piece rates. Workers, who were paid to enter data, were exposed to different degrees of peer pressure under both payment systems. The peer...
Persistent link: https://www.econbiz.de/10005011910
We present results from a field experiment designed to measure the importance of managerial commitment to a contract within a firm that pays its workers piece rates. In the tree planting industry the piece rate paid to workers is determined as a function of the difficulty of the terrain to be...
Persistent link: https://www.econbiz.de/10010377306
overconfidence affect worker self-selection, in particular into tournaments. Fourth, risk averse workers prefer fixed payments and … into tournaments. Sixth, variable pay schemes attract men more than women, a difference that is partly explained by gender …
Persistent link: https://www.econbiz.de/10005703774
analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10010262021
analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10005703572
composition. We present evidence from a field experiment designed to evaluate the impact of rank incentives and tournaments on the … productivity and composition of teams. Strengthening incentives, either through rankings or tournaments, makes workers more likely … incentives only reduce the productivity of teams at the bottom of the productivity distribution, and monetary prize tournaments …
Persistent link: https://www.econbiz.de/10009422064
Many tournaments are plagued by sabotage among competitors. Typically, sabotage is welfare-reducing, but from an …
Persistent link: https://www.econbiz.de/10009646301