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Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...
Persistent link: https://www.econbiz.de/10008653415
. 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
; innovation ; directed technical change …
Persistent link: https://www.econbiz.de/10009659333
An ongoing debate in the literature on efficiency of higher education institutions concerns the indicator for research …. We show that there is a high correlation of efficiency values between the estimations using these indicators; however …
Persistent link: https://www.econbiz.de/10011853185
Climate change is an externality since those who emit greenhouse gases do not pay the long-term negative consequences of their emissions. In view of the resulting inefficiency, it has been claimed that climate policies can be evaluated by the Pareto principle. However, climate policies lead to...
Persistent link: https://www.econbiz.de/10012817856
We examine the relationship between public sector efficiency and government spending, to assess public resource … outcomes across various public sector performance (PSP) indicators. We compute government spending efficiency using Data … Envelopment Analysis (DEA) to subsequently assess the relationship between efficiency and the growth rate of public expenditure …
Persistent link: https://www.econbiz.de/10015125392
We introduce the word illustration task (WIT), a novel experimental task to quantify performance in an idea generation context. Between treatments, we vary whether or not piece-rate (PR) incentives are implemented and the degree to which these incentives are aligned with the desirable outcome....
Persistent link: https://www.econbiz.de/10015179208
Usually, groups increase their productivity by the specialization of their group members. In these cases, group output is no longer simply a sum of individual outputs. We analyze contests with group-specific public goods that allow for different degrees of complementarity between group members'...
Persistent link: https://www.econbiz.de/10003994514
. We consider both a piece rate compensation scheme, where pay depends solely on own performance, and a team compensation … scheme, where pay also depends on the performance of other team members. Overall, we find some evidence that subjects who are … observed increase productivity at least initially when compensation is team based, while we find that subjects observing react …
Persistent link: https://www.econbiz.de/10010229865
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can … create externalities among workers, since their utility upon accepting a contract depends on their team's performance and …
Persistent link: https://www.econbiz.de/10010245995