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mainly due to the fight for dominance at the top of the hierarchy. Hence, in environments where monetary incentives are weak …
Persistent link: https://www.econbiz.de/10005836122
This paper investigates the implications of individuals’ mistaken beliefs of their abilities on incentives in …
Persistent link: https://www.econbiz.de/10005837521
This paper characterizes the structure of monetary incentives in an organization with varying differences in employee …
Persistent link: https://www.econbiz.de/10011108887
incentives proposed to the inspector but the impact of an increase of the level of the fine, to be paid once an illegal agreement …
Persistent link: https://www.econbiz.de/10011111727
, relation between monetary and status incentives, the technique of modeling status and on the cost of introducing status. We …
Persistent link: https://www.econbiz.de/10011112823
provide powerful incentives and are superior to explicit incentive contracts when there are some fair-minded players. But …, which offer important new insights into the interaction of contract choices, fairness and incentives. …
Persistent link: https://www.econbiz.de/10005785926
This paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can either offer a piece-rate contract or a (voluntary) bonus to the agent. Bonus contracts strongly outperform piece rate contracts. Many principals reward high efforts on both...
Persistent link: https://www.econbiz.de/10005157507
actors provide powerful incentives and become superior when there are some fair-minded players. The principals understand … enforcement power of explicit and implicit incentives. This contract preference is associated with the fact that explicit … incentives weaken the enforcement power of implicit bonus incentives significantly. Our results are largely consistent with …
Persistent link: https://www.econbiz.de/10005649797
actually pay the announced bonus. This offers a new explanation for why explicit and implicit incentives are substitutes rather …
Persistent link: https://www.econbiz.de/10005739688
Comments on: Barry Eichengreen, Kenneth Kletzer, and Ashoka Mody who describe the debate over collective action clauses, which have been considered by the G-7,G-10, G-20, G-22, G-30, Institute of International Finance (IIF),International Monetary Fund, International Monetary and Financial...
Persistent link: https://www.econbiz.de/10005835825