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Information, coordination, and the industrialization of countries
Englmaier, Florian; Reisinger, Markus - 2006
appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out … possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …
Persistent link: https://www.econbiz.de/10010261419
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Worker characteristics and wage differentials: Evidence from a gift-exchange experiment
Englmaier, Florian; Strasser, Sebastian; Winter, Joachim - 2011
measures of workers' productivity and trustworthiness and make this information available to potential employers. Our data show …
Persistent link: https://www.econbiz.de/10010278887
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Contractual and organizational structure with reciprocal agents
Englmaier, Florian; Leider, Stephen - 2008
Empirically, compensation systems generate substantial effort despite weak monetary incentives. We consider reciprocal motivations as a source of incentives. We solve for the optimal contract in the basic principal-agent problem and show that reciprocal motivations and explicit performance-based...
Persistent link: https://www.econbiz.de/10010264451
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Gift exchange in the lab - it is not (only) how much you give ...
Englmaier, Florian; Leider, Steve - 2010
vary the wage and the effect of the worker's effort on the manager's payoff. Furthermore we collect additional information …
Persistent link: https://www.econbiz.de/10010266102
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The Efficacy of Tournaments for Non-Routine Team Tasks
Englmaier, Florian; Grimm, Stefan; Grothe, Dominik; … - 2021
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but also render teams' identity and social-image concerns salient. We study the effects of tournaments on team performance in a non-routine task and identify the importance of these...
Persistent link: https://www.econbiz.de/10012657895
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The Value of Leadership: Evidence from a Large-Scale Field Experiment
Englmaier, Florian; Grimm, Stefan; Grothe, Dominik; … - 2021
Companies increasingly shift from hierarchical to team-based organizational structures. Scholars and practitioners alike have emphasized the potential of leadership to foster performance in these settings. However, the causal impact of leadership is difficult to identify, as in agile and...
Persistent link: https://www.econbiz.de/10012657979
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When Protection Becomes Exploitation: The Impact of Firing Costs on Present-Biased Employees
Englmaier, Florian; Fahn, Matthias; Glogowsky, Ulrich; … - 2023
Employment protection harms early-career employees without benefitting them in later career stages (Leonardi and Pica, 2013). We demonstrate that this pattern can result from employers exploiting naïve present-biased employees. Employers offer a dynamic contract with low early-career wages, an...
Persistent link: https://www.econbiz.de/10014469815
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The Effect of Incentives in Non-Routine Analytical Team Tasks - Evidence from a Field Experiment
Englmaier, Florian; Grimm, Stefan; Schindler, David; … - 2018
Despite the prevalence of non-routine analytical team tasks in modern economies, little is known about how incentives influence performance in these tasks. In a field experiment with more than 3000 participants, we document a positive effect of bonus incentives on the probability of completion...
Persistent link: https://www.econbiz.de/10011815796
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Managerial payoff and gift exchange in the field
Englmaier, Florian; Leider, Stephen G. - 2012
's ability to repay the gift. We collect information on ability to control for differences and on reciprocal inclination to show …
Persistent link: https://www.econbiz.de/10010280811
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The Efficacy of Tournaments for Non-Routine Team Tasks
Englmaier, Florian; Grimm, Stefan; Grothe, Dominik; … - 2021
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but also render teams’ identity and social-image concerns salient. We study the effects of tournaments on team performance in a non-routine task and identify the importance of...
Persistent link: https://www.econbiz.de/10013219059