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Feedback and Incentives: Experimental Evidence
Eriksson, Tor; Poulsen, Anders; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2008
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers’ work. …
Persistent link: https://www.econbiz.de/10005703358
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Feedback and incentives: experimental evidence
Eriksson, Tor; Poulsen, Anders; Villeval, Marie-Claire - 2008
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …
Persistent link: https://www.econbiz.de/10010268675
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Feedback and incentives : experimental evidence
Eriksson, Tor (contributor); Poulsen, Anders (contributor);  … - 2008
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. -- Performance …
Persistent link: https://www.econbiz.de/10003688788
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Other-Regarding Preferences and Performance Pay : An Experiment on Incentives and Sorting
Villeval, Marie-Claire; Eriksson, Tor - 2004
Variable pay not only creates a link between pay and performance but may also help firms in attracting the more productive employees (Lazear 1986, 2000). However, due to lack of natural data, empirical analyses of the relative importance of the selection and incentive effects of pay schemes are...
Persistent link: https://www.econbiz.de/10010261940
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Self-selection and the efficiency of tournaments
Eriksson, Tor; Teyssier, Sabrina; Villeval, Marie-Claire - 2006
When exogenously imposed, rank-order tournaments have incentive properties but their overall efficiency is reduced by a high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay is attributable both to its incentive effect and to...
Persistent link: https://www.econbiz.de/10010267611
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Self-selection and the efficiency of tournaments
Eriksson, Tor (contributor); Teyssier, Sabrina (contributor) - 2006
When exogenously imposed, rank-order tournaments have incentive properties but their overall efficiency is reduced by a high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay is attributable both to its incentive effect and to...
Persistent link: https://www.econbiz.de/10003283430
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Self-Selection and the Efficiency of Tournaments
Eriksson, Tor; Teyssier, Sabrina; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2006
When exogenously imposed, rank-order tournaments have incentive properties but their overall efficiency is reduced by a high variance in performance (Bull, Schotter, and Weigelt 1987). However, since the efficiency of performance-related pay is attributable both to its incentive effect and to...
Persistent link: https://www.econbiz.de/10005763542
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Other-Regarding Preferences and Performance Pay – An Experiment on Incentives and Sorting
Eriksson, Tor; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2004
Variable pay not only creates a link between pay and performance but may also help firms in attracting the more productive employees (Lazear 1986, 2000). However, due to lack of natural data, empirical analyses of the relative importance of the selection and incentive effects of pay schemes are...
Persistent link: https://www.econbiz.de/10005763609
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Effort and comparison income: experimental and survey evidence
Clark, Andrew E.; Masclet, David; Villeval, Marie-Claire - 2006
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift-exchange game with ISSP survey data. We find a consistent negative effect of others' incomes on individual effort in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10010272020
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Redesigning Teams and Incentives in a Merger : An Experiment with Managers and Students
Montmarquette, Claude; Rullière, Jean-Louis; Villeval, … - 2004
After a merger, company officials face the challenge of making compensation schemes uniform and of redesigning teams with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate the relationship between executive pay and performance...
Persistent link: https://www.econbiz.de/10010276427