Showing 1 - 10 of 193
provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production …
Persistent link: https://www.econbiz.de/10010518803
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
Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
Persistent link: https://www.econbiz.de/10009700302
observable. A team incentive scheme, where each agent is paid a bonus for aggregate output above a threshold, is optimal in case … (a). The team's efficiency may increase considerably with size if outputs are negatively correlated. Under (b) a … performance. The two cases reveal that it may be optimal to organize production as a team where only aggregate output is …
Persistent link: https://www.econbiz.de/10010349864
tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest …, reduces quality, and increases in-pocket income of team managers. -- incentives ; attention ; salience ; communication ; field …
Persistent link: https://www.econbiz.de/10009514750
this incentive mechanism is reinvigorated after a management change - but only when the team is sufficiently homogenous …. Indeed, we find substantial evidence that coach replacements enhance team performance (only) in homogenous teams. Moreover …
Persistent link: https://www.econbiz.de/10009630660
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
Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are simultaneously determined. Using cross-country panel data from the World Value Survey, we find that it is important to model preferences for redistribution and effort choices...
Persistent link: https://www.econbiz.de/10009535110
In a tedious real effort task, subjects know that their piece rate is either low or ten times higher. When subjects are informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this instrumental information when given the choice - and...
Persistent link: https://www.econbiz.de/10011346303
We develop a methodology to sign output distortions in the random participation framework. We apply our method to monopoly nonlinear pricing problem, to the regulatory monopoly problem and mainly to the optimal income tax problem. In the latter framework, individuals are heterogeneous across two...
Persistent link: https://www.econbiz.de/10009514775