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Experimental Evidence on Inequity Aversion and Self-Selection between Incentive Contracts

Teyssier, Sabrina - 2008

This paper reports on the results of an experiment testing whether the agents selfselect between a competitive payment scheme and a revenue-sharing scheme depending on their inequity aversion. Average efficiency should be increased when these payment schemes are endogenously chosen by agents. We...

Persistent link: https://www.econbiz.de/10014216314

Feedback and Incentives : Experimental Evidence

Eriksson, Tor; Poulsen, Anders; Villeval, Marie Claire - 2011

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 …

Persistent link: https://www.econbiz.de/10014218453

Respect as an Incentive

Eriksson, Tor - 2010

Assuming that people care not only about what others do but also on what others think, we study respect as a non-monetary source of motivation in a context where the length of the employment relationship is endogenous. In our three-stage gift-exchange experiment, the employer can express respect...

Persistent link: https://www.econbiz.de/10013137464

Reining in Excessive Risk Taking by Executives : Experimental Evidence

Lefebvre, Mathieu - 2010

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

Persistent link: https://www.econbiz.de/10013146587

Competition between Clearing Houses on the European Market

Calès, Marie-Noëlle - 2015

For several years, European financial markets have been the place of important mutations. These mutations have hit both stock markets themselves as well as the infrastructures including all necessary services for the transactions on financial securities. Among the market services to which the...

Persistent link: https://www.econbiz.de/10013036958