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Persistent link: https://www.econbiz.de/10003874437
that the absence of a social loss is a necessary, but not sufficient, condition for the denial of compensation. The victim … (or a third party) may have actually paid for protection against purely private losses. Thus, compensation should be … awarded irrespective of whether national law treats the case under tort or contract (where compensation is undisputed …
Persistent link: https://www.econbiz.de/10011349187
predict that the design and implementation of a performance measurement and compensation system affect the motivation of … compensation system and extrinsic motivation. Intrinsic motivation is not affected by the design of monetary compensation, but by … promotion opportunities. The compensation system also significantly affects work satisfaction and turnover intent. Our results …
Persistent link: https://www.econbiz.de/10011333892
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 worker's participation constraint and so calls...
Persistent link: https://www.econbiz.de/10011335185
Persistent link: https://www.econbiz.de/10000151635
This study provides insight in the responsiveness of disabled workers to financial incentives, using administrative individual data from the Netherlands from 2006 to 2013. We focus on workers receiving partial DI benefits and with substantial residual work capacities that can be exploited. After...
Persistent link: https://www.econbiz.de/10011431507
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament incentives and wage gifts on creativity. We find that tournaments substantially increase creative output, with no evidence for crowding out of intrinsic motivation. By comparison, wage...
Persistent link: https://www.econbiz.de/10011479746
This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This dataset contains for the first time in Italy information on seniority. In accordance with the general finding in Gruber and Wise (2004), we find that financial incentives have an...
Persistent link: https://www.econbiz.de/10011376456
In experimental investigations of the effect of real incentives, accountability-the implicit or explicit expectation of a decision maker that she may have to justify her decisions in front of somebody else-is often confounded with the incentives themselves. This confounding of accountability...
Persistent link: https://www.econbiz.de/10011376460
We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain. Individual measures of pension wealth, peak and accrual values are constructed using labor market histories and health shocks are derived as changes in a composite health stock...
Persistent link: https://www.econbiz.de/10011377097