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We conduct a field experiment in a controlled work environment to investigate the effect of motivational talk and its interaction with monetary incentives. We find that motivational talk significantly improves performance only if it is accompanied by performance pay. Moreover, performance pay...
Persistent link: https://www.econbiz.de/10013075962
distinguish two cases. First, the firm owner chooses the intensity of motivation and bears the motivational costs. Second, another …
Persistent link: https://www.econbiz.de/10013057261
We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free … may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10005051544
This paper studies how social relationships between managers and employees affect relational incentive contracts. To …
Persistent link: https://www.econbiz.de/10013105146
This paper argues that the “Economics of Crime” concentrates too much on punishment as a policy to fight crime, which is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several feasible alternatives to punishment exist, such as...
Persistent link: https://www.econbiz.de/10013316343
We investigate whether the decision to experiment with novel policies is influenced by electoral incentives. Our empirical setting is the U.S. welfare reform in 1996, which marked the most dramatic shift in social policy since the New Deal. We find that electoral incentives matter: governors...
Persistent link: https://www.econbiz.de/10012918056
This paper considers a dynamic model of the evolution of open source software projects, focusing on the evolution of … source software are motivated by reciprocal altruism to publish their own improvements. The evolution of the open …
Persistent link: https://www.econbiz.de/10013136694
cognitive, but not on affective well-being, which we interpret as a loss in identity utility. Living in a partnership … strengthens the loss in identity utility of men, but weakens that of women. Unemployment of a person’s partner reduces the … identity loss of unemployed men, but raises it for women. These results suggest that the unemployed’s feeling of identity is …
Persistent link: https://www.econbiz.de/10010877791
norms that causes an increase in identity utility for the formerly unemployed. This is supportive of the idea that, by … including identity in the utility function, results from the empirical life satisfaction literature can be reconciled with the …
Persistent link: https://www.econbiz.de/10009224868
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between property crime and violent crime at work. In the model,...
Persistent link: https://www.econbiz.de/10005765848