This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through …-takes-all tournament. We find that, regardless of the pay scheme used, feedback does not improve performance. There are no significant peer …

performance data from a California hospital, I find that monetary incentive are associated with higher likelihood and greater … magnitude of performance improvements during the incentive period, but are relatively short lived, while implicit incentives …

performance, and thus as a solution to the principal-agent dilemma created by the separation of ownership and management in …