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From an employer's perspective a tournament should induce agents to exert productive activities but refrain from destructive ones. We experimentally test the predictive power of a tournament model which suggests that within a reasonable framework productive and destructive activities are not...
Persistent link: https://www.econbiz.de/10003248842
competition between agents but also by the possibility to punish the principal via sabotage. …
Persistent link: https://www.econbiz.de/10002453250
We propose experiments in virtual reality (VR) as a new approach to examining behavior in an economic context, e.g., heterogeneity in dynamic tournaments. We simulate a realistic working situation in a highly immersive environment. Implementing a tournament in VR, we are able to mitigate the...
Persistent link: https://www.econbiz.de/10011946765
Based on two representative samples of employees, the German Socio Economic Panel and the European Social Survey, we explore the relation between certain measures of control in employment relationships (i.e. working time regulations, use of performance appraisal systems, monitoring by...
Persistent link: https://www.econbiz.de/10003879332