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The Sociology of Groups and the Economics of Incentives : Theory and Evidence on Compensation Systems
Encinosa, William E, III. - 1997
theory of agency, notably income insurance and multi-task considerations, also shape pay policies. The conclusion we draw …
Persistent link: https://www.econbiz.de/10012472868
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Compensation Matters : Incentives for Multitasking in a Law Firm
Bartel, Ann - 2013
compensation plans on personal productivity. We study an international law firm that moves from high-powered individual incentives … towards incentives for "leadership" activities that contribute to the firm's long run profitability. The effect of this change …
Persistent link: https://www.econbiz.de/10012459249
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Output-based Pay : Incentives or Sorting?
Lazear, Edward P. - 1999
of the typical American firm. Variable pay is usually touted as a way to provide incentives to managers whose interests …
Persistent link: https://www.econbiz.de/10012471362
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Personnel Economics : Hiring and Incentives
Oyer, Paul - 2010
relationships and on how firms provide incentives to employees. This literature has been very successful in generating models and … conform to theory. We survey some literature in this area and suggest areas for further research …
Persistent link: https://www.econbiz.de/10012462675
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Peer Information and Risk-taking under Competitive and Non-competitive Pay Schemes
Brookins, Philip - 2016
incentives and risk-taking is more nuanced and depends critically on the availability of information about peers' strategies and …
Persistent link: https://www.econbiz.de/10012456191
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Preferences, Inequities, and Incentives in the Substitute Teacher Labor Market
Kraft, Matthew A.; Conklin, Megan Lane; Falken, Grace T. - National Bureau of Economic Research - 2022
. Wage elasticity estimates suggest incentives would need to be 50% of daily wages to close fill-rate gaps …
Persistent link: https://www.econbiz.de/10013477206
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Team Incentives and Lower Ability Workers : An Experimental Study on Real-Effort Tasks
Freeman, Richard B.; Pan, Xiaofei; Yang, Xiaolan; Ye, … - National Bureau of Economic Research - 2022
Team incentives are important in many compensation systems that pay workers according to the output of their team as …
Persistent link: https://www.econbiz.de/10013388782
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Bonus Question : Does Flexible Incentive Pay Dampen Unemployment Dynamics?
Gaur, Meghana; Grigsby, John R.; Hazell, Jonathon; … - National Bureau of Economic Research - 2023
cyclicality from incentives does not dampen unemployment dynamics: the response of unemployment to shocks is first …% of wage cyclicality in the data arises from incentives. A standard model without incentives calibrated to weakly …
Persistent link: https://www.econbiz.de/10014372479
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Pay for Short-Term Performance : Executive Compensation in Speculative Markets
Bolton, Patrick - 2006
the latter half of the 1990s. Far from rejecting the optimal incentive contracting theory of executive compensation, the … recent evidence on executive pay can be reconciled with classical agency theory once one expands the framework to allow for …
Persistent link: https://www.econbiz.de/10012466561
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Does Performance-Based Managerial Compensation Affect Subsequent Corporate Performance?
Abowd, John M. - 1989
An effective performance-based compensation system must increase the probability of high performance corporate outcomes in order to justify the incremental expense relative to a straight salary system. A positive relation between current performance and current compensation indicates that the...
Persistent link: https://www.econbiz.de/10012475894