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explaining how work meaningfulness influences effort at work. In our model, motivation decreases the disutility of exerting … needs from working enhances work meaningfulness, motivation, and effort, providing valuable insights for economic models of …
Persistent link: https://www.econbiz.de/10014637378
rewards to performance increases effort, but that they can also backfire, reducing effort. Intrinsic motivation, the internal …. If the incentives crowd-out intrinsic motivation, and the effect is large enough, the net motivational effect on effort …, is one facet of intrinsic motivation, triggered by the combination of high-powered incentives and egoistic principal …
Persistent link: https://www.econbiz.de/10009771729
it becomes scarce. In the second, restraint serves to conceal the actor's intrinsic motivation. In both cases, not …
Persistent link: https://www.econbiz.de/10010345273
According to psychologists and neuroscientists, a key source of intrinsic motivation is learning. An economic model of … generates learning: performing one task increases productivity on related tasks. Intrinsic motivation generates a new multitask … adds a simple incentive. Incentive pay does not "crowd out" intrinsic motivation, but it does rebalance effort away from …
Persistent link: https://www.econbiz.de/10012509688
We study in an online, real-effort experiment how the bracketing of non-binding goals affects performance in a work-leisure self-control problem. We externally induce the goal bracket - daily goals or a weekly goal - and within that bracket let subjects set goals for how much they want to work...
Persistent link: https://www.econbiz.de/10011724493
We use an experiment to evaluate the effects of participatory management on firm performance. Participants are randomly assigned roles as managers or workers in firms that generate output via real effort. To identify the causal effect of participation on effort, workers are exogenously assigned...
Persistent link: https://www.econbiz.de/10011613160
, however, with a minority of workers report crowding in of motivation. Thus, the impact of performance pay might depend on the …
Persistent link: https://www.econbiz.de/10011946785
How does pay-for-performance (P4P) impact productivity, multitasking, and the composition of workers in mission-oriented jobs? These are central issues in sectors like education or healthcare. We conduct a laboratory experiment, manipulating compensation and mission, to answer these questions....
Persistent link: https://www.econbiz.de/10011881546
At the 2016 Academy of Management Conference, a group of distinguished compensation researchers held a panel discussion on the future of compensation research. Their remarks were compiled into an article published in this issue. Soon after the panel, Charles Fay commissioned a similar discussion...
Persistent link: https://www.econbiz.de/10011636675
). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in …
Persistent link: https://www.econbiz.de/10012596233