Showing 1 - 10 of 353
. Third, contrary to existing laboratory evidence, financial incentives do not crowd out intrinsic motivation in this setting. …A substantial body of research investigates the design of incentives in firms, yet less is known about incentives in … organizations that hire individuals to perform tasks with positive social spillovers. We conduct a field experiment in which agents …
Persistent link: https://www.econbiz.de/10011083234
composition. We present evidence from a field experiment designed to evaluate the impact of rank incentives and tournaments on the …Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce …. Compared to individual incentives, team incentives can affect productivity by changing both workers’ effort and team …
Persistent link: https://www.econbiz.de/10011083724
validity of results obtained in lab experiments or from sports data. To address these concerns we conducted a field experiment …
Persistent link: https://www.econbiz.de/10005136509
leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …
Persistent link: https://www.econbiz.de/10005666612
-agent relationships by improving the trade-off between insurance and incentives in the design of explicit contracts. In dynamic settings …, however, there may be implicit as well as explicit incentives (e.g. managerial career concerns and the ratchet effect in … regulation). We show that the dynamic effects of CPI on implicit incentives can either reinforce or oppose the familiar (static …
Persistent link: https://www.econbiz.de/10005791400
Consider Holmström.s moral hazard in teams problem when there are n agents, each agent i has a a(i)-dimensional strategy space and output can be m-dimensional. We show that a compensation mechanism that satisfies budget balance, limited liability and implements an efficient allocation...
Persistent link: https://www.econbiz.de/10005791765
scheme of incentives in a major government agency. The incentive scheme was based on teams and covered quantity and quality …
Persistent link: https://www.econbiz.de/10011084487
particular, branches with more experienced managers were better able to respond to the new incentives. …
Persistent link: https://www.econbiz.de/10005662113
We present evidence from a firm level experiment in which we engineered an exogenous change in managerial compensation … managerial incentives affect both the mean and dispersion of workers’ productivity through two channels. First, managers respond … to incentives by targeting their efforts towards more able workers, implying that both the mean and the dispersion …
Persistent link: https://www.econbiz.de/10005788932
the effects of social connections vary with the strength of managerial incentives and worker's ability. To do so, we … combine panel data on individual worker's productivity from personnel records with a natural field experiment in which we … engineered an exogenous change in managerial incentives, from fixed wages, to bonuses based on the average productivity of the …
Persistent link: https://www.econbiz.de/10005791992