Showing 1 - 10 of 18
This paper extends existing evidence on the interaction between financial incentives and cognitive capital. I focus on … situated in an accounting setting, I show that both financial incentives and task-specific cognitive capital, and especially … stronger under performance-based financial incentives as compared to flat-rate incentives. The interaction effect arises …
Persistent link: https://www.econbiz.de/10005090505
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
introduce a new type of tournament into the literature: premium incentives. While premium incentives, just like fixed … minimization, we are able to show that premium incentives outperform fixed-prize tournaments as well as piece rates. Our …
Persistent link: https://www.econbiz.de/10008511332
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
When two or more agents compete for a bonus and the agents' productivity in each of several possible occurrences depends stochastically on (constant) effort, the number of times that are checked to assign the bonus affects the level of uncertainty in the selection process. Uncertainty, in turn,...
Persistent link: https://www.econbiz.de/10005090471
We develop a model in which stronger protection of intellectual property rights has an inverted U-shaped effect on innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial exploration that would otherwise accrue to the...
Persistent link: https://www.econbiz.de/10005090472