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in performance. This paper reports results from an experiment analyzing whether allowing subjects to self-select into … different payment schemes is reducing the variability of performance in tournaments. We show that when the subjects choose to …
Persistent link: https://www.econbiz.de/10009401083
In this paper, we analyze group incentives when a proportion of agents feel in- equity aversion as defined by Fehr and … show that a tournament provides strong incentives to agents who only care about their own payo¤ but that it is not …
Persistent link: https://www.econbiz.de/10008788937
This paper reports on the results of an experiment testing whether the agents selfselect between a competitive payment scheme and a revenue-sharing scheme depending on their inequity aversion. Average efficiency should be increased when these payment schemes are endogenously chosen by agents. We...
Persistent link: https://www.econbiz.de/10008788967
Variable pay not only creates a link between pay and performance but may also help firms in attracting the more … experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … concentration of high skill workers in performance pay firms; (iii) however, in repeated interactions, efficiency wages coupled with …
Persistent link: https://www.econbiz.de/10008788998
high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay … allowing subjects to self-select into different payment schemes helps in reducing the variability of performance in tournaments … is an important condition for a higher efficiency of relative performance pay. …
Persistent link: https://www.econbiz.de/10008790614
investigates the impact of performance pay on both incentives and sorting and analyzes the influence of repeated interactions … scheme; (iii) however, in repeated interactions, efficiency wages reduce the attraction of performance pay. Social motivation …Variable pay links pay and performance but may also help firms in attracting more productive employees. Our experiment …
Persistent link: https://www.econbiz.de/10008790841
Variable pay not only creates a link between pay and performance but may also help firms in attracting the more … experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … concentration of high skill workers in performance pay firms; (iii) however, in repeated interactions, efficiency wages coupled with …
Persistent link: https://www.econbiz.de/10008791578
high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay … allowing subjects to self-select into different payment schemes helps in reducing the variability of performance in tournaments … labor market is an important condition for a higher efficiency of relative performance pay. …
Persistent link: https://www.econbiz.de/10008792126
+ (REDD+) scheme as a contractual relationship between countries in the light of the theory of incentives. Considering … compare two types of contracts : a deforestation performance-based contract and a conditional avoided deforestation … information rent / efficiency trade-off. If the contract is performance-based (resp. conditionality-based), information rents are …
Persistent link: https://www.econbiz.de/10010635034
La valorizzazione e sviluppo del capitale sociale, inteso come catalizzatore e patrimonio di asset intangibili per l'impresa, ha rappresentato uno dei più efficaci rimedi anti-crisi per le imprese di tutto il mondo che hanno dimostrato di saper far fronte a momenti di seria difficoltà. Sebbene...
Persistent link: https://www.econbiz.de/10010561179