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Between and within firms, work teams compete against each other and receive feedback on how well their team is … feedback (RPF) at team level. We find that when subjects work under team incentives, then RPF on team performance increases the … experiment suggests that top performers are particularly motivated by the combination of team incentives and team RPF. In fact …
Persistent link: https://www.econbiz.de/10011793858
This paper reports results of two controlled experiments on the behavioural effects of relative performance information (RPI) in different organizational structures. Our baseline study 1 focuses on a centralized organizational structure where employees are exogenously assigned to either a...
Persistent link: https://www.econbiz.de/10013368608
. Incentives did not reduce performance there either. Comparing individuals with groups we find that team-work facilitates creative …
Persistent link: https://www.econbiz.de/10009786022
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 …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased …
Persistent link: https://www.econbiz.de/10012597694
We study a principal-agent model in which the agent can provide ex post additional relevant information regarding his performance. In particular, he can provide a legitimate excuse, that is, evidence that a poor result is only due to factors outside his control. However, building a convincing...
Persistent link: https://www.econbiz.de/10010229868
Beginning with the Reserve Bank of New Zealand Act of 1989, central banking reforms have focused on assigning clear goals for which monetary policy authorities can be held accountable. Inflation targeting regimes provide examples of such goal-based policy frameworks. An alternative approach,...
Persistent link: https://www.econbiz.de/10010503465
Actively managed Swedish equity mutual funds outperform the market in 1993-2001 but have negative gross and net excess returns of -0.18 and -1.47 per cent per year in 2002-2013. Across funds, there is no correlation between activism and return in the later period. Returns show little or no...
Persistent link: https://www.econbiz.de/10011743140
We analyze performance under pressure and estimate the causal effect of audience size on the success of free throws in top-level professional basketball. We use data from the National Basketball Association (NBA) for the seasons 2007/08 through 2015/16. We exploit the exogenous variation in...
Persistent link: https://www.econbiz.de/10011902857
Subjective performance evaluations are commonly used to provide feedback and incentives to workers. However, such evaluations can generate significant disagreements and conflicts, the severity of which may be driven by many factors. In this paper we show that a workers' level of self-confidence...
Persistent link: https://www.econbiz.de/10011927889
An inherent problem with comparing and ranking competing Value at Risk (VaR) and Expected shortfall (ES) models is that they measure only a single realization of the underlying data generation process. The question is whether there is any significant statistical difference in the performance of...
Persistent link: https://www.econbiz.de/10009665398