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plan includes both the leader and the team members. This paper presents the results of a field experiment designed to study …The performance of a work team commonly depends on the effort exerted by the team members as well as on the division of … tasks among them. However, when leaders assign tasks to team members, performance is usually not the only consideration …
Persistent link: https://www.econbiz.de/10011722656
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured …
Persistent link: https://www.econbiz.de/10011376648
This paper analyzes empirically the relationship between pay and performance. Economic and psychological theories predict that the design and implementation of a performance measurement and compensation system affect the motivation of employees. Our survey results demonstrate a positive...
Persistent link: https://www.econbiz.de/10011333892
This paper studies how morale in teams can break down. It interprets high morale as team members working together … productively, either because of a sense of fairness or because of implicit incentives from repeated interactions. Team members … encourage cooperation may actually hurt morale, by convincing opportunistic team members to imitate and later take advantage of …
Persistent link: https://www.econbiz.de/10011377833
truthful. Still, the principal will always include such a bonus in the optimal contract, and possibly complement it with a team …
Persistent link: https://www.econbiz.de/10011380732
Persistent link: https://www.econbiz.de/10003830597
In this paper we investigate the impact of upper and middle level managers on firm performance by simultaneously estimating manager and match qualities for management pairings in Major League Baseball (MLB). We document the economic significance of managers at both organizational levels and...
Persistent link: https://www.econbiz.de/10011339152
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …
Persistent link: https://www.econbiz.de/10011349705
for noisier performance measures. We conduct a real effort laboratory experiment and find that effort levels are invariant …
Persistent link: https://www.econbiz.de/10011343251
threat of terminating them from the team (Alchian and Demsetz, 1972). We extend a standard weakest link experiment with a …One acclaimed role of managers is to monitor workers in team production processes and discipline them through the … manager that can decide to replace some of her team members at a cost. The amount of contractual commitment ("termination …
Persistent link: https://www.econbiz.de/10010532586