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Hidden Benefits of Reward : A Field Experiment on Motivation and Monetary Incentives
Kvaloy, Ola - 2013
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
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Implicit vs. Explicit Incentives : Theory and a Case Study
Demougin, Dominique - 2009
We derive the optimal contract between a principal and a liquidity-constrained agent in a stochastically repeated environment. The contract comprises a court-enforceable explicit bonus rule and an implicit fixed salary promise that must be self-enforcing. Since the agent's rent increases with...
Persistent link: https://www.econbiz.de/10013159705
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A Theory of Tax Avoidance -- Managerial Incentives for Tax Planning in a Multi-Task Principal-Agent Model
Ewert, Ralf - 2014
, risks, and incentive schemes. First, the principal's after-tax profit can increase with a higher corporate tax rate. Second …
Persistent link: https://www.econbiz.de/10013051278
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Delegation and Dynamic Incentives
Shin, Dongsoo - 2014
information through two effects: a play-hardball effect, which mitigates an efficient agent's ratchet incentive, and a carrot … effect which reduces an inefficient agent's take-the-money-and-run incentive. Although delegation entails a loss of control …
Persistent link: https://www.econbiz.de/10013053709
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Incentives to Motivate
Kvaloy, Ola - 2014
We present a model in which a motivator can take costly actions - or what we call motivational effort - in order to reduce the effort costs of a worker, and analyze the optimal combination of motivational effort and monetary incentives. We distinguish two cases. First, the firm owner chooses the...
Persistent link: https://www.econbiz.de/10013057261
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The Effect of Incentives of Real Effort : Evidence from the Slider Task
de Araujo, Felipe Augusto - 2015
Real-effort experiments are frequently used when examining a response to incentives. For any particular real-effort task to be well-suited for such an exercise, subjects' cost for exerting effort must, for the range of incentives considered, result in an interior effort choice. The popular...
Persistent link: https://www.econbiz.de/10013021431
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Pay Few Subjects But Pay Them Well : Cost-Effectiveness of Random Incentive Systems
March, Christoph - 2016
Most large-scale economic experiments use a between-subjects random incentive system-BRIS-which selects a subset of the … payoffs and the selection probability on the incentive effectiveness of BRIS. High nominal payoffs and a tiny but unknown … the incentive effectiveness of BRIS than the probability of payment and the latter hardly dilutes the effects of monetary …
Persistent link: https://www.econbiz.de/10012985450
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Corporate Deductibility Provisions and Managerial Incentives
Koethenbuerger, Marko - 2014
internal provision of incentive pay and external monitoring by banks interact in constraining the manager and whether retained …
Persistent link: https://www.econbiz.de/10013060519
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Incentives and Creativity in Groups
Ramm, Joachim; Tjotta, Sigve; Torsvik, Gaute - 2021
of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present …
Persistent link: https://www.econbiz.de/10013315724
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Incentive Contracts and Efficient Unemployment Benefits
Demougin, Dominique; Helm, Carsten - 2021
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits …
Persistent link: https://www.econbiz.de/10013316365