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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

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

Effort and comparison income : experimental and survey evidence

Clark, Andrew E. (contributor); Masclet, David (contributor) - 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/10003333113

The provision of wage insurance by the firm : evidence from a longitudinal matched employer-employee dataset

Cardoso, Ana Rute (contributor); Portela, Miguel (contributor) - 2005

"We evaluate the impact of product market uncertainty on workers wages, addressing the questions: To what extent do firms provide insurance to their workforce, insulating their wages from shocks in product markets? How does the amount of insurance provided vary with firm and worker attributes?...

Persistent link: https://www.econbiz.de/10003212064

Lies and biased evaluation : a real-effort experiment

Rosaz, Julie; Villeval, Marie-Claire - 2011

This paper presents the results of a laboratory experiment in which workers perform a real-effort task and supervisors report the workers' performance to the experimenter. The report is non verifiable and determines the earnings of both the supervisor and the worker. We find that not all the...

Persistent link: https://www.econbiz.de/10009311502

Male and female competitive behavior : experimental evidence

Gupta, Nabanita Datta (contributor); … - 2005

Male and female choices differ in many economic situations, e.g., on the labor market. This paper considers whether such differences are driven by different attitudes towards competition. In our experiment subjects choose between a tournament and a piece-rate pay scheme before performing a real...

Persistent link: https://www.econbiz.de/10003280790

Intermittent reinforcement and the persistence of behavior : experimental evidence

Hogarth, Robin M.; Villeval, Marie-Claire - 2010

Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real-effort experiment in which individuals had to...

Persistent link: https://www.econbiz.de/10008780451

Are older workers worthy of their pay? : an empirical investigation of age-productivity and age-wage nexuses

Cardoso, Ana Rute; Guimarães, Paulo; Varejão, José M. - 2010

Using longitudinal employer-employee data spanning over a 22-year period, we compare age-wage and age-productivity profiles and find that productivity increases until the age range of 50-54, whereas wages peak around the age 40-44. At younger ages, wages increase in line with productivity gains...

Persistent link: https://www.econbiz.de/10008810186

Competitive preferences and status as an incentive : experimental evidence

Charness, Gary; Masclet, David; Villeval, Marie-Claire - 2010

In this paper, we investigate individuals' investment in status in an environment where no monetary return can possibly be derived from reaching a better relative position. We use a real-effort experiment in which we permit individuals to learn and potentially improve their status (rank). We...

Persistent link: https://www.econbiz.de/10003985726

Long-term impact of youth minimum wages : evidence from two decades of individual longitudinal data

Cardoso, Ana Rute - 2009

This paper quantifies the long-run impact of exposure to youth minimum wages and sheds light on its mechanisms. It uses remarkable longitudinal data spanning for twenty years and explores legislative changes that define groups of teenagers exposed for different durations. After controlling for...

Persistent link: https://www.econbiz.de/10003858862