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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
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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
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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
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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