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Bonus Culture: Competitive Pay, Screening, and Multitasking

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2013

talented workers leads to an escalating reliance on performance pay and other high-powered incentives, thereby shifting effort … incentives downward in order to extract rents. More generally, as declining market frictions lead employers to compete more …, while inequality tends to rise monotonically. Bonus caps and income taxes can help restore balance in agents' incentives and …

Persistent link: https://www.econbiz.de/10011083769

Home Production, Market Production and the Gender Wage Gap: Incentives and Expectations

Albanesi, Stefania; Olivetti, Claudia - C.E.P.R. Discussion Papers - 2005

This paper explores the hypothesis that gender wage differentials arise from the interaction between the intra-household allocation of labour and the contractual relation between firms and workers in the presence of private information on workers’ labour market attachment. In our model, if...

Persistent link: https://www.econbiz.de/10005661843

Ethnic Diversity, Market Structure and Risk Sharing in Developing Countries

Jellal, Mohamed; Zenou, Yves - C.E.P.R. Discussion Papers - 2005

The paper mainly addresses three questions: 1) do workers tend to be employed by employers of the same ethnic group; 2) what is the structure of the equilibrium wage contract; and 3) do more ethnically homogeneous labour markets tend to have different labour contracts than more ethnically...

Persistent link: https://www.econbiz.de/10005504419

The Firm as the Locus of Social Comparisons: Internal Labor Markets versus Up-or-out

Auriol, Emmanuelle; Friebel, Guido; Lammers, Frauke - C.E.P.R. Discussion Papers - 2012

We suggest a parsimonious dynamic agency model in which workers have status concerns. A firm is a promotion hierarchy in which a worker’s status depends on past performance. We investigate the optimality of two types of promotion hierarchies: (i) internal labor markets, in which agents have a...

Persistent link: https://www.econbiz.de/10011083868

Incentives Versus Sorting in Tournaments: Evidence from a Field Experiment

Leuven, Edwin; Oosterbeek, Hessel; Sonnemans, Joep; van … - C.E.P.R. Discussion Papers - 2008

A vast body of empirical studies lends support to the incentive effects of rank-order tournaments. Evidence comes from experiments in laboratories and non-experimental studies exploiting sports or firm data. Selection of competitors across tournaments may bias these non-experimental studies,...

Persistent link: https://www.econbiz.de/10005136509

Specific Knowledge and Performance Measurement

Raith, Michael - C.E.P.R. Discussion Papers - 2004

This Paper examines optimal incentives and performance measurement in a setting where an agent has specific knowledge … choice of performance measures and incentives depends on the agent’s knowledge, environmental risk, technological uncertainty …

Persistent link: https://www.econbiz.de/10005504471

Suspense

Chan, William M; Courty, Pascal; Li, Hao - C.E.P.R. Discussion Papers - 2002

contestants, rewarding schemes that depend linearly on the final score difference provide more efficient incentives for efforts …

Persistent link: https://www.econbiz.de/10005114294

No margin, no mission? A Field Experiment on Incentives for Pro-Social Tasks

Ashraf, Nava; Bandiera, Oriana; Jack, Kelsey - C.E.P.R. Discussion Papers - 2012

A substantial body of research investigates the design of incentives in firms, yet less is known about incentives in …. Third, contrary to existing laboratory evidence, financial incentives do not crowd out intrinsic motivation in this setting. …

Persistent link: https://www.econbiz.de/10011083234

Incentives in the Public Sector: Evidence from a Government Agency

Burgess, Simon; Propper, Carol; Ratto, Marisa; Tominey, Emma - C.E.P.R. Discussion Papers - 2012

scheme of incentives in a major government agency. The incentive scheme was based on teams and covered quantity and quality …

Persistent link: https://www.econbiz.de/10011084487

Intra-firm Wage Dispersion and Firm Performance

Winter-Ebmer, Rudolf; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1997

workers’ productivity and firm performance. Besides giving more advancement incentives, bigger wage differentials might also …

Persistent link: https://www.econbiz.de/10005666890

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