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Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - CESifo - 2013

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out …

Persistent link: https://www.econbiz.de/10010690377

How do Incentives Affect Creativity?

Eckartz, Katharina; Kirchkamp, Oliver; Schunk, Daniel - CESifo - 2012

We compare performance in a word based creativity task under three incentive schemes: a flat fee, a linear payment and …

Persistent link: https://www.econbiz.de/10010877854

Social Relations and Relational Incentives

Dur, Robert; Tichem, Jan - CESifo - 2012

This paper studies how social relationships between managers and employees affect relational incentive contracts. To this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other. The contract may contain two types of...

Persistent link: https://www.econbiz.de/10010877789

Information Transmission within Federal Fiscal Architectures: Theory and Evidence

Dreher, Axel; Gehring, Kai; Kotsogiannis, Christos; … - CESifo - 2013

of unverifiable information and the quality of communication depends on the conflict of interests between the government …

Persistent link: https://www.econbiz.de/10010693469

Information Transmission and Ownership Consolidation in Aid Programs

Dreher, Axel; Marchesi, Silvia - CESifo - 2013

This paper explores the role of information transmission in explaining donors’ choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a “delegation-scheme.” Conversely,...

Persistent link: https://www.econbiz.de/10010701088

Let's Talk: How Communication Affects Contract Design

Brandts, Jordi; Charness, Gary; Ellman, Matthew - CESifo - 2012

shock and a discretionary buyer transfer. In the absence of communication, we find that rigid contracts are more frequent … and lead to higher earnings for both buyer and seller. By contrast, in the presence of communication, flexible contracts … considerably more from flexible with communication than rigid without communication. Our results show quite strongly that …

Persistent link: https://www.econbiz.de/10010558687

Communicating Subjective Evaluations

Lang, Matthias - CESifo - 2014

Should principals explain and justify their evaluations? Suppose the principal’s evaluation is private information, but she can provide justification by sending a costly cheap-talk message. If she does not provide justification, her message space is restricted, but the message is costless. I...

Persistent link: https://www.econbiz.de/10010781550

The Role of Salience in Performance Schemes: Evidence from a Field Experiment

Englmaier, Florian; Roider, Andreas; Sunde, Uwe - CESifo - 2012

in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …

Persistent link: https://www.econbiz.de/10010539149

Long Persuasion Games

Forges, Francoise; Koessler, Frédéric - CESifo - 2006

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …

Persistent link: https://www.econbiz.de/10005181479

Does Money Matter in the ECB Strategy? New Evidence Based on ECB Communication

Berger, Helge; Sturm, Jan-Egbert - CESifo - 2006

We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...

Persistent link: https://www.econbiz.de/10005406390