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Are tournaments optimal over piece rates under limited liability for the principal?
Marinakis, Kosmas; Tsoulouhas, Theofanis C. - In: International journal of industrial organization 31 (2013) 3, pp. 223-237
Persistent link: https://www.econbiz.de/10009775038
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Career prospects and effort incentives : evidence from professional soccer
Miklós-Thal, Jeanine; Ullrich, Hannes - 2014
It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face...
Persistent link: https://www.econbiz.de/10010442390
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Career prospects and effort incentives : evidence from professional soccer
Miklós-Thal, Jeanine; Ullrich, Hannes - 2014
It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face...
Persistent link: https://www.econbiz.de/10011808006
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Delegation, worker compensation, and strategic competition
Güth, Werner; Pull, Kerstin; Stadler, Manfred - 2014
We study interfirm competition on a product market where effort decisions are delegated to the firms' workers. Intrafirm organization is captured by a principal-multiagent framework where firm owners implement alternative compensation schemes for the workers. We show that the value of delegation...
Persistent link: https://www.econbiz.de/10010233989
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Measuring ratchet effects within a firm : evidence from a field experiment varying contractual commitment
Bellemare, Charles; Shearer, Bruce S. - 2014
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/10010359307
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Measuring ratchet effects within a firm : evidence from a field experiment varying contractual commitment
Bellemare, Charles; Shearer, Bruce S. - 2014
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/10010384384
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Emotions and Incentives
Kräkel, Matthias - 2004
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
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Emotions and Incentives
Kräkel, Matthias - 2004
analysed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …
Persistent link: https://www.econbiz.de/10010263111
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Productivity in contests: Organizational culture and personality effects
Andersson, Ola; Huysentruyt, Marieke; Miettinen, Topi; … - 2010
We study the interaction of organizational culture and personal prosocial orientation in team work where teams compete against each other. In a computerized lab experiment with minimal group design, we prime subjects to two alternative organizational cultures emphasizing either self-enhancement...
Persistent link: https://www.econbiz.de/10010270029
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Team incentives: Evidence from a firm level experiment
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - 2012
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/10010282519