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Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little … attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real …
Persistent link: https://www.econbiz.de/10008611511
intensity of team incentives and several survey measures of cooperation. Moreover, higher powered team incentives are associated … with lower degrees of absenteeism while this is not the case for individual incentives. …
Persistent link: https://www.econbiz.de/10008922969
controlling parties, while a large percentage of subordinates under-provide effort despite pecuniary incentives to the contrary …
Persistent link: https://www.econbiz.de/10010884366
Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In … with positive externalities between agents, incentive reversal might occur: an increase in monetary incentives (either …
Persistent link: https://www.econbiz.de/10008839289
We investigate a team setting in which workers have different degrees of commitment to the outcome of their work. We show that if there are complementarities in production and if the team manager has some information about team members, interventions that the manager undertakes in order to...
Persistent link: https://www.econbiz.de/10005703066
. High-powered incentives may crowd out motivation as pessimism about the norm is conveyed. But by choosing fixed wages or …
Persistent link: https://www.econbiz.de/10005761807
By enriching a principal-agent model it is shown that the introduction of monetary incentives may reduce an agent … convictions of others, high powered incentives signal that not sticking to agreements is a widespread behavior and may lead to …
Persistent link: https://www.econbiz.de/10005700905
In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...
Persistent link: https://www.econbiz.de/10008466023
In social dilemmas, leading a team by making heroic efforts may prove costly, especially if the followers are not adequately motivated to make similar sacrifices. Attempting to understand what motivates these seemingly selfless individuals to lead, we report the results of a two-stage public...
Persistent link: https://www.econbiz.de/10005822607
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others’ incomes on individual effort in both datasets. The individual’s rank in the income...
Persistent link: https://www.econbiz.de/10005566421