Showing 1 - 10 of 21
minimization, we are able to show that premium incentives outperform fixed-prize tournaments as well as piece rates. Our …Tournaments represent an increasingly important component of organizational compensation systems. While prior research … focused on fixed-prize tournaments, i.e., on tournaments where the prize or prize sum to be awarded is set in advance, we …
Persistent link: https://www.econbiz.de/10008511332
We study the interaction of organizational culture and personal prosocial orientation in team work where teams compete against each other. In a computerized lab experiment with minimal group design, we prime subjects to two alternative organizational cultures emphasizing either self-enhancement...
Persistent link: https://www.econbiz.de/10008511325
distributions are uncertain, models of ambiguity aversion suggest that tournaments may become more attractive than independent wage … tournaments and independent contracts, which are designed in a way that under uncertainty about output distribution (that is …, under ambiguity), ambiguity averse agents should typically prefer tournaments, while ambiguity neutral agents prefer …
Persistent link: https://www.econbiz.de/10009143373
Building on the notion of general and specific human capital proposed by Becker (1962), the paper highlights the importance of employee training practices undertaken in firms as an important tool for human resource and knowledge management and focuses on the role of works councils as a specific...
Persistent link: https://www.econbiz.de/10010884480
This study is directly motivated by the results of Eckartz et al (2012). Subjects exerted suprisingly high efforts irrespectively of how they were compensated. This paper discusses a number of potential explanations and then it will focus on two of them: first, subjects might exert effort simply...
Persistent link: https://www.econbiz.de/10010884457
a number-adding task) with the same treatments. In all tasks we find that incentives seem to have very small effects and …
Persistent link: https://www.econbiz.de/10010884482
We compare the performance of liability rules for managing environmental disasters when third parties are harmed and cannot always be compensated. A firm can invest in safety to reduce the likelihood of accidents. The firm's investment is unobservable to authorities. Externality and asymmetric...
Persistent link: https://www.econbiz.de/10010539769
Transparency in teams can induce cooperation. We study contribution decisions by agents when previous decisions can be observed. We find that an information chain, in which each agent directly observes only the decision of her immediate predecessor, is at least as effective as a...
Persistent link: https://www.econbiz.de/10009317896
This paper examines whether monetary incentives are an effective tool for increasing domestic waste sorting. We exploit …
Persistent link: https://www.econbiz.de/10009363243
under hypothetical than under real incentives. Still, in the low control treatment, we observe much weaker negative … incentives, and preliminary findings on the relationship between demographics and the degree of control aversion lead us to …
Persistent link: https://www.econbiz.de/10008478714