Showing 1 - 9 of 9
Within a laboratory experiment we investigate a principal-agent game in which agents may, first, self-select into a group task (GT) or an individual task (IT) and, second, choose work effort. In their choices of task and effort the agents have to consider pay contracts for both tasks as offered...
Persistent link: https://www.econbiz.de/10005822552
situations in which social interactions are important, from teamwork to class formation in education and co-authorship in …
Persistent link: https://www.econbiz.de/10008924598
The conditions under which profit sharing affects workplace productivity have never been fully understood. Using panel data, this paper examines whether there is any link between adoption of an employee profit sharing plan and subsequent productivity growth in Canadian establishments, and...
Persistent link: https://www.econbiz.de/10010734426
winners is not worse. The level of cooperation in a post-competition teamwork task is even higher with successful policy …
Persistent link: https://www.econbiz.de/10008568297
How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the … economic analysis of labour provision. We shed light on this issue by experimentally investigating team-based compensations … with and without bonuses awarded to the highest contributors in teams. A purely team-based compensation scheme induces …
Persistent link: https://www.econbiz.de/10005233887
We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …
Persistent link: https://www.econbiz.de/10009294841
In organizations, some team members are assigned to a team for a predefined short period of time, e.g., as they have a … temporary contract, while others are permanent members of the same team. In a laboratory experiment we analyze the cooperation … levels resulting from diverse teams, where some team members remain with a team and others are switching teams. Our results …
Persistent link: https://www.econbiz.de/10011125872
designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality … aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …
Persistent link: https://www.econbiz.de/10010884177
We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...
Persistent link: https://www.econbiz.de/10005762201