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Persistent link: https://www.econbiz.de/10012180902
institutions compared to situations of individual decision-making. Intelligence, female gender, and the existence of siblings …
Persistent link: https://www.econbiz.de/10011433835
Using data from large-scale establishment surveys in Britain and France, we show that incentive pay for non-managers is …
Persistent link: https://www.econbiz.de/10003868544
This paper explores the optimal provision of dynamic incentives for employees with reciprocal preferences. Building on the presumption that a relational contract can establish a norm of reciprocity, I show that generous upfront wages that activate an employee’s reciprocal preferences are more...
Persistent link: https://www.econbiz.de/10012126237
We conduct a field experiment where we vary both the presence of a gift-exchange wage and the effect of the worker's effort on the manager's payoff. Results indicate a strong complementarity between the initial wage-gift and the agent's ability to "repay the gift". We control for differences in...
Persistent link: https://www.econbiz.de/10012064798
impact of tax policy changes on pay without performance. Using data on executive compensation in the United States, I compare … the sensitivity of executive compensation to performance shocks beyond the executives control before and after a change in …, state tax hikes increase the sensitivity of executive compensation to performance shocks exogenous to executive effort …
Persistent link: https://www.econbiz.de/10015324402
Persistent link: https://www.econbiz.de/10013262820
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/10011340265
Recent behavioral models argue in favor of avoidance of instrumental information. We explore the role of information avoidance in a real-effort setting. Our experiment offers three main results. First, we confirm that preferences for avoidance of instrumental information exist, studying...
Persistent link: https://www.econbiz.de/10011751477
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but also render teams' identity and image concerns salient. We study the effects of tournaments on team performance in a non-routine task and identify the importance of these...
Persistent link: https://www.econbiz.de/10014495030