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also suggest that the sorting effect of incentives in the previous companies impact cooperation and efficiency after the … 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 effort experiment conducted with …
Persistent link: https://www.econbiz.de/10005703548
firms that engage in Corporate Social Responsibility activities. This paper compares the effectiveness of social incentives … to financial incentives using an online real effort experiment. We find that social incentives lead to a 20% rise in … incentives half sacrifice some of their private compensation to increase social compensation, with women more likely than men …
Persistent link: https://www.econbiz.de/10010959558
We suggest a parsimonious dynamic agency model in which workers have status concerns. A firm is a promotion hierarchy in which a worker's status depends on past performance. We investigate the optimality of two types of promotion hierarchies: (i) internal labor markets, in which agents have a...
Persistent link: https://www.econbiz.de/10009649815
Implementing performance pay requires that workers' output be measured. When measurement costs differ among firms, those with a measurement cost advantage choose to implement performance pay. They attract the best workers, and both the level and variability of compensation are higher at these...
Persistent link: https://www.econbiz.de/10005703403
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …) compared to the fixed payment scheme. Second, this difference is largely driven by productivity sorting. On average, the more … of multi-dimensional sorting, i.e., the tendency for different incentive schemes to systematically attract people with …
Persistent link: https://www.econbiz.de/10005703774
to investigate the ex ante sorting effect of tournaments. This paper reports results from an experiment analyzing whether …-subject variance is substantially lower than when the same payment scheme is imposed. Mainly based on risk aversion, sorting is …
Persistent link: https://www.econbiz.de/10005763542
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … the provision of incentives and their sorting effect. …
Persistent link: https://www.econbiz.de/10005763609
our experimental design, indicating that the non-experimental results are completely due to sorting. Treatment only …
Persistent link: https://www.econbiz.de/10005700934
of the typical American firm. Variable pay is usually touted as a way to provide incentives to managers whose interests … compensation in the form of variable pay. The selection or sorting explanation is consistent with the low elasticities of pay to …
Persistent link: https://www.econbiz.de/10005761667
incentives, to changes in marginal tax rates. We ask whether changes in marginal tax rates are less distortionary for workers …
Persistent link: https://www.econbiz.de/10010886142