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Optimal incentive contracts when workers envy their boss
Dur, Robert A. J.; Glazer, Amihai - 2006
A worker's utility may increase with his income, but envy can make his utility decline with his employer's income. This … article uses a principal-agent model to study profit-maximizing contracts when a worker envies his employer. Envy tightens the … applications of our theoretical work: envy can explain why a lower-level worker is awarded stock options, why incentive pay is …
Persistent link: https://www.econbiz.de/10011335185
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Optimal incentive contracts when workers envy their boss
Dur, Robert A. J.; Glazer, Amihai - 2004
Persistent link: https://www.econbiz.de/10002048152
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The desire for impact
Dur, Robert A. J.; Glazer, Amihai - 2006
This paper explores the meaning and implications of the desire by workers for impact. We find that this impact motive can make a firm in a competitive labor market face an upward-sloping supply curve of labor, lead workers with the same characteristics but at different firms to earn different...
Persistent link: https://www.econbiz.de/10011337969
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A Welfarist Role for Nonwelfarist Rules : An example with envy
Weinzierl, Matthew - 2017
driven by envy even though it generates direct utilitarian gains. That share rises as the role of envy is made more salient …
Persistent link: https://www.econbiz.de/10012455095
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Incentives and the sorting of altruistic agents into street-level bureaucracies
Buurman, Margaretha; Dur, Robert A. J. - 2010
Many street-level bureaucrats (such as caseworkers) have the dual task of helping some clients, while sanctioning others. We develop a model of such a street-level bureaucracy and study the implications of its personnel policy on the self-selection and allocation decisions of agents who differ...
Persistent link: https://www.econbiz.de/10011377373
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Greasing the wheels of trade
Dalen, Hendrik P. van; Vuuren, Aico van - 2003
How much does a nation spend on resources to 'grease the wheels of trade'? To examine this question the Dutch economy is used as an exemplary case as the Netherlands are known as a nation of traders. This image was derived in the seventeenth century from successes in long distance trade,...
Persistent link: https://www.econbiz.de/10011334366
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Incentives and workers' motivation in the public sector
Delfgaauw, Josse; Dur, Robert A. J. - 2006
Civil servants have a reputation for being lazy. However, people's personal experiences with civil servants frequently run counter to this stereotype. We develop a model of an economy in which workers differ in laziness and in public service motivation, and characterise optimal incentive...
Persistent link: https://www.econbiz.de/10011335183
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From public monopsony to competitive market : more efficiency but higher prices
Delfgaauw, Josse; Dur, Robert A. J. - 2002
This paper examines the consequences of creating a fully competitive market in a sector previously dominated by a cost-minimizing public firm. Workers in the economy are heterogeneous in their intrinsic motivation to work in the sector. In line with empirical findings, our model implies that...
Persistent link: https://www.econbiz.de/10011327829
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Socially useless jobs
Dur, Robert A. J.; Lent, Max van - 2018 - This version: 31 March 2018
It has been claimed that many workers in modern economies think that their job is socially useless, i.e. that it makes no or a negative contribution to society. However, the evidence so far is mainly anecdotal. We use a representative dataset comprising 100,000 workers from 47 countries at four...
Persistent link: https://www.econbiz.de/10011818258
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Independent Contracting, Self-Employment, and Gig Work : Evidence from California Tax Data
Bernhardt, Annette; Campos, Christopher; Prohofsky, Allen; … - National Bureau of Economic Research - 2022
We use de-identified data from California personal income tax returns to measure the frequency and nature of independent contracting and self-employment work in California. We identify this work by the presence of a Schedule C on the tax return and/or the receipt of a Form 1099 information...
Persistent link: https://www.econbiz.de/10013361982