Showing 1 - 10 of 35
over a two-state solution to the conflict as well as the organizational structures of the factions. …
Persistent link: https://www.econbiz.de/10005123813
This Paper evaluates the impact of a team-based incentive scheme piloted in the public sector agency, Jobcentre Plus. The way the scheme has been designed raises many questions for which theory makes predictions. We test these predictions against our data. We find that team size affects the...
Persistent link: https://www.econbiz.de/10005498005
other in a team. Our results suggest that teams in which the importance of these benefits varies across team members are …
Persistent link: https://www.econbiz.de/10005114324
This paper studies multi-agent optimal contracting with cost synergies. We model synergies as the extent to which effort by one agent reduces his colleague's marginal cost of effort. An agent's pay and effort depend on the synergies he exerts, the synergies his colleagues exert on him and,...
Persistent link: https://www.econbiz.de/10011083428
This paper studies multi-agent optimal contracting with cost synergies. We model synergies as the extent to which effort by one agent reduces his colleague's marginal cost of effort. An agent's pay and effort depend on the synergies he exerts, the synergies his colleagues exert on him and,...
Persistent link: https://www.econbiz.de/10011083625
productivity and composition of teams. Strengthening incentives, either through rankings or tournaments, makes workers more likely … to form teams with others of similar ability instead of with their friends. Introducing rank incentives however reduces … incentives only reduce the productivity of teams at the bottom of the productivity distribution, and monetary prize tournaments …
Persistent link: https://www.econbiz.de/10011083724
scheme of incentives in a major government agency. The incentive scheme was based on teams and covered quantity and quality … the incentive scheme had a substantial positive effect in small teams, and a negative response in large teams. We found … show that the scheme in small teams had non-trivial effects on output, and our estimates suggest that the use of incentive …
Persistent link: https://www.econbiz.de/10011084487
Consider Holmström.s moral hazard in teams problem when there are n agents, each agent i has a a …
Persistent link: https://www.econbiz.de/10005791765
A version of the herding prediction model with a rational expectations flavor is reexamined in the light of incentive theory. The welfare loss at the market solution with respect to the incentive efficient solution can be decomposed into an information externality term minus an incentive cost...
Persistent link: https://www.econbiz.de/10005661971
Globalization has been identified by many experts as a new way firms organize their activities. This Paper surveys recent work that examines the role of trade integration between similar and dissimilar countries for these changes in corporate organization. It is shown that international...
Persistent link: https://www.econbiz.de/10005662173