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the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are …
Persistent link: https://www.econbiz.de/10010851485
In most firms, managers periodically assess workers performance. Evidence suggests that managers with hold information during these reviews, and some observers argue that this necessarily reduces surplus. This paper assesses the validity of this argument when workers have career concerns....
Persistent link: https://www.econbiz.de/10010547116
and divides the private benefits uniformly, a success-maximizing leader uses incentives and distorts the platform towards …
Persistent link: https://www.econbiz.de/10010547239
previous research, we have shown that financial incentives can be used to find a way out of such performance traps. Here we … either start with low financial incentives for coordination, which typically leads to coordination failure, and then are … switched to higher incentives or start with high incentives, which typically yield effective coordination, and are switched to …
Persistent link: https://www.econbiz.de/10010547425
, managers have two instruments at their disposal, increasing employees' financial incentives to coordinate and communication …
Persistent link: https://www.econbiz.de/10010547458
patterns of behavior. Using controlled laboratory experiments, we study how financial incentives can be used to find a way out … explores the effects of varying the financial incentives to coordinate at a higher effort level. We find that an increase in … small increases. Once subjects have coordinated on a higher effort level, reductions in the financial incentives to …
Persistent link: https://www.econbiz.de/10010547461
the incentives created by public regulations. We improve upon the extensive prior literature on the effect of pension … incentives on retirement in two ways. First, by modeling the transitions between employment, unemployment and retirement in a … constructed) incentivevariables. Using administrative data, we find that, when properly defined, economic incentives have a strong …
Persistent link: https://www.econbiz.de/10010547473