incentives, and why peer firm pay matters beyond retention concerns. Fairness also matters to investors, with shareholder returns …

second-period profit, so that it may be difficult to disentangle the incentives for these two types of effort. The contract …

of executive incentives. We compare pay in U.S. public firms to private and non-U.S. firms. We then critically analyze …

interaction with monetary incentives. We find that motivational talk significantly improves performance only if it is accompanied …

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out … also when individuals work together to solve such problems. We do not find a negative impact of incentives on group … performance. As a comparison we ran the same experiment (the Candle Problem) with and without incentives for individuals as well …

Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased … monetary incentives improve all teams’ outcomes without crowding out teams’ willingness to explore or perform similar tasks …

Economists and management scholars have argued that the scope of incentives to increase cooperation in organizations is …, using a sample of managers and employees from a large company. We exogenously vary whether managers are informed about … prevailing cooperation levels among employees before they can set incentives to promote cooperation. In addition, employees …

Incentive compensation induces correlation between the portfolio of managers and the cash flow of the firms they manage …. This correlation exposes managers to risk and hence gives them an incentive to hedge against the poor performance of their …