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Efficiency wage theories arguethat firms induce their employees to work in a moredisciplined way by paying high wages …. Two basicmechanisms have been pointed out in economics about how these wage premia motivate employees.The incentives ….Empirical evidence on the incentives approachis mixed and a thorough competitive testingagainst the gift exchange model was notpossible …
Persistent link: https://www.econbiz.de/10010989445
Persistent link: https://www.econbiz.de/10004976711
. The paper develops a network-based representation of multilevel resource management with equity, efficiency, and …
Persistent link: https://www.econbiz.de/10009214206
phenomenon include agency and moral hazard problems, imperfect information and incentives, myopia, and X-inefficiency. Data from …
Persistent link: https://www.econbiz.de/10009275873
, we discuss how to use this to improve productivity analysis as well as decision making and incentive provisions in …
Persistent link: https://www.econbiz.de/10010866029
The Commission of Inquiry into Land Tenures has proposed that the Crown should displace much of the private sector's role in land development, and that the Crown should reap many of the gains from changes in land use. If implemented, these proposals would create an administrative bureaucracy,...
Persistent link: https://www.econbiz.de/10010769458
We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in … respond rather continuously to incentives. …
Persistent link: https://www.econbiz.de/10011048594
The aim of this Paper is to evaluate simultaneously market power and the incentives faced by carriers to improve … efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and …
Persistent link: https://www.econbiz.de/10005667136
’s productivity in a given firm depends on a worker-firm specific component, unobservable for the firm. Firms offer wage contracts …
Persistent link: https://www.econbiz.de/10005791700
Persistent link: https://www.econbiz.de/10004920256