Showing 1 - 10 of 10
We present evidence from a firm level experiment in which we engineered an exogenous change in managerial compensation from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that managerial incentives affect both the mean and dispersion of...
Persistent link: https://www.econbiz.de/10005785137
The ability to cooperate in collective action problems ・such as those relating to the use of common property resources or the provision of local public goods ・is a key determinant of economic performance. In this paper we discuss two aspects of collective action problems in developing...
Persistent link: https://www.econbiz.de/10005785143
We present evidence on whether workers have social preferences by comparing workers' productivity under relative incentives, where individual effort imposes a negative externality on others, to their productivity under piece rates, where it does not. We find that the productivity of the average...
Persistent link: https://www.econbiz.de/10011038948
We document the establishment and evolution of a cooperative norm among workers using evidence from a natural field experiment on a leading UK farm. Workers are paid according to a relative incentive scheme under which increasing individual effort raises a worker's own pay but imposes a negative...
Persistent link: https://www.econbiz.de/10011038958
The ability to cooperate in collective action problems --such as those relating to the use of common property resources or the provision of local public goods --is a key determinant of economic performance. In this paper we discuss two aspects of collective action problems in developing...
Persistent link: https://www.econbiz.de/10011039013
We present evidence from a firm level experiment in which we engineered an exogenous change in managerial compensation from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that managerial incentives affect both the mean and dispersion of...
Persistent link: https://www.econbiz.de/10011039027
Persistent link: https://www.econbiz.de/10005432555
We present evidence on whether workers have social preferences by comparing workers・productivity under relative incentives, where individual effort imposes a negative externality on others, to their productivity under piece rates, where it does not. We find that the productivity of the...
Persistent link: https://www.econbiz.de/10005432557
We overview the use of field experiments in labor economics. We showcase studies that highlight the central advantages of this methodology, which include: (i) using economic theory to design the null and alternative hypotheses; (ii) engineering exogenous variation in real world economic...
Persistent link: https://www.econbiz.de/10010580391
We overview the use of field experiments in labor economics. We showcase studies that highlight the central advantages of this methodology, which include: (i) using economic theory to design the null and alternative hypotheses; (ii) engineering exogenous variation in real world economic...
Persistent link: https://www.econbiz.de/10011038796