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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/10009793159
the principal can neither observe agents’ commitment to the job nor their intrinsic motivation. A steep wage …
Persistent link: https://www.econbiz.de/10011405134
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/10003763282
We report the results from a representative survey of human resource managers in 885 Swedish firms. We estimate that …-term unemployment, and that labor market training tends to reduce the same stigma. We show that managers in small organizations have a … have an impact on attitudes concerning effort and motivation. …
Persistent link: https://www.econbiz.de/10011410449
formal model on labor supply and performance for individuals with different degrees of risk aversion and intrinsic motivation …
Persistent link: https://www.econbiz.de/10012137977
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/10010250173
agents have unobservable intrinsic motivation levels. I show that the non-contractibility of effort (asymmetric information …
Persistent link: https://www.econbiz.de/10011561184
-minimising public firm. Workers in the economy are heterogeneous in their motivation to work in the sector. In line with empirical …
Persistent link: https://www.econbiz.de/10011404420
. Yet, they constrained their attention to a very narrow and empirically questionable view of human motivation. The purpose … of this paper is to show that this narrow view of human motivation may severely limit understanding the determinants and …
Persistent link: https://www.econbiz.de/10011409795
). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in …
Persistent link: https://www.econbiz.de/10012599052