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crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …, however, with a minority of workers report crowding in of motivation. Thus, the impact of performance pay might depend on the …
Persistent link: https://www.econbiz.de/10011946785
Legal rules and regulations are routinely rationalized by appeal to the incentives they create. This Note examines an … important but misunderstood fact about incentives — namely, that they often “crowd out” the natural motivations that citizens … towards others. The “crowding out effect” of incentives has traditionally been viewed as problematic because of cases where it …
Persistent link: https://www.econbiz.de/10013084086
A stumbling block to the widespread use of financial incentives for conservation on private lands is the concern that … compensation will undermine motivation to act voluntarily and compromise environmental values. This paper argues that this concern … has been overstated. First, a substantial number of landowners lack ex ante motivation to engage voluntarily in …
Persistent link: https://www.econbiz.de/10014204461
Persistent link: https://www.econbiz.de/10011409842
Chapter 11 bankruptcy provides firms with broad latitude to reject certain executory contracts, which are contracts whose terms have not been fully executed. We focus on the impact of this feature of the Bankruptcy Code by examining one of the most common executory contracts, operating leases....
Persistent link: https://www.econbiz.de/10013036323
Firms pursuing different business strategies should align these strategies to incentive design. This study uses both archival and survey data on 110 stores of a Japanese high-end bakery chain to provide empirical evidence that misalignment between an organization's business strategy and...
Persistent link: https://www.econbiz.de/10013139288
Senior leadership has two primary levers to influence a direct report: incentives and communication. Financial … incentives are credible and precisely specified but offer limited flexibility. In contrast, communication is flexible but lacks …
Persistent link: https://www.econbiz.de/10012973282
between business strategy and managerial incentives affects the organization of business activities. We illustrate the impact …
Persistent link: https://www.econbiz.de/10014069126
incentives for problematic rent-seeking behaviors: strategic investments intended to influence the outcome of litigation, and …
Persistent link: https://www.econbiz.de/10013231047