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Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a … laboratory experiment in which the choice of the job characteristics (i.e., the mission) is part of the compensation package that … preferred one. The principals take advantage of this intrinsic motivation by offering lower piece rates and by using the choice …
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alters her best-response function and, as a result, removes other agents’ incentives to exert effort as their contributions …
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that study this question have produced mixed results. Using a controlled laboratory experiment, we shed light on the …
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Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the...
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