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incentives like performance pay would be less effective in inducing effort in the nonprofit sector as nonprofit workers are ready … monetary incentives, we find a significantly higher sensitivity of effort in the for-profit sector using linear and ordered … the unobserved variables determining the sensitivity of effort to actual or hypothetical monetary incentives. Finally …
Persistent link: https://www.econbiz.de/10010821232
We explore the effects of competitive incentives and of their time horizon on the evolution of both asset prices and …
Persistent link: https://www.econbiz.de/10010821481
Non-governmental organizations (NGOs) play a key role in creating incentives for firms to develop a Corporate Social … communication choice and its impact on the level of self-regulation. We show that the NGO specializes in equilibrium: depending on …
Persistent link: https://www.econbiz.de/10010821511
different incentives, in particular strong monetary incentives ; i.e. that make miscalibration costly. Our main result is that a …
Persistent link: https://www.econbiz.de/10010738661
This paper is an attempt to understand how rules operate in organisations. I focus on the links between organisational routines and rules that are defined as incomplete since they come to their application. I analyse the role of routines in managing the incompleteness of rules. I present a case...
Persistent link: https://www.econbiz.de/10010738811
This paper applies the Mean Fi eld Game approach pioneered by Lasry and Lions (2007) to the analysis of the researchers' academic productivity. It provides a theoretical motivation for the stability of the universaly observed Lotka's law. It shows that a remuneration scheme taking into account...
Persistent link: https://www.econbiz.de/10010929096
, related to alterations of the contractual incentive structure and judicial challenges. Based on economic theory, we stem some …
Persistent link: https://www.econbiz.de/10010930091
Early regulator interventions into problem banks is one of the key suggestions of Basel II. However, no guidance is given on their design. To fill this gap, we outline an incentive-based preventive supervision strategy that eliminates bad asset management in banks. Two supervision techniques are...
Persistent link: https://www.econbiz.de/10010933829
experimental design also allows us to investigate the impact of monetary incentives in the gain domain. The main result is twofold … choices significantly differ in the gain domain. Our results suggest that the use of monetary incentives may be more crucial …
Persistent link: https://www.econbiz.de/10011025585
with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate …, which occur in both compensation incentives and team composition. The results of a real task experiment conducted with … managers within a large pharmaceutical company not only show that changes in compensation incentives affect performance but …
Persistent link: https://www.econbiz.de/10009647586