Showing 1 - 10 of 92
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within … on the reciprocity of employees. …
Persistent link: https://www.econbiz.de/10011255473
We study the relation between formal incentives and social exchange in organizations where employees work for several managers and reciprocate to a manager's attention with higher effort. To this end we develop a common agency model with two-sided moral hazard. We show that when effort is...
Persistent link: https://www.econbiz.de/10011255514
This discussion paper resulted in an article in 'Games and Economic Behavior' (2013). Volume 77, issue 1, pages 41-60.<P> Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer...</p>
Persistent link: https://www.econbiz.de/10011255890
This discussion paper has resulted in a publication in the <I>Journal of Economic Psychology</I>, 31(4), 676-686.<P> We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard...</p></i>
Persistent link: https://www.econbiz.de/10011256123
in the size of the workforce and intention-based reciprocity rather than social preferences seems to be the main driving …
Persistent link: https://www.econbiz.de/10011256970
by reciprocity. A reciprocal worker may be willing to give the firm a full return on its investment. We present empirical … evidence that supports the proposed mechanism. Workers with a high sensitivity to reciprocity have 15% higher training rates … than workers with a low sensitivity to reciprocity.<P>See publication in <A href="http://www3.interscience …
Persistent link: https://www.econbiz.de/10011257026
Using a formal principal-agent model, I investigate the relation between monetary gift-exchange and incentive pay, while allowing for worker heterogeneity. I assume that some agents care more for their principal when they are convinced that the principal cares for them. Principals can signal...
Persistent link: https://www.econbiz.de/10011257176
We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....
Persistent link: https://www.econbiz.de/10011257203
Most empirical studies on the impact of labour income taxation on the labour supply behaviour of households use a unitary modelling approach. In this paper we empirically analyze income taxation and the choice of working hours by combining the collective approach for household behaviour and the...
Persistent link: https://www.econbiz.de/10011256197
See also the publication in the 'Journal of Urban Economics' (2010), 68(1), 82-89.<P> A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential assumption to reach this...</p>
Persistent link: https://www.econbiz.de/10011256712