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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

The complementary use of experiments and field data to evaluate management practices : the case of subjective performance evaluations

Kampkötter, Patrick; Sliwka, Dirk - 2015

Most firms rely on subjective evaluations by supervisors to assess their employees' performance. This article discusses the implementation of such appraisal processes, exploring the use of multiple research methods such as the analysis of personnel records, survey data, and lab and field...

Persistent link: https://www.econbiz.de/10011308995

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

Universities as stakeholders in their students' careers : on the benefits of graduate taxes to finance higher education

McKenzie, Tom; Sliwka, Dirk - 2010

We examine ways of funding higher education, comparing upfront tuition fees with graduate taxes. The tax dominates, as volatility in future income is transferred from risk-averse students to the risk-neutral state. However, a double moral hazard problem arises when students' efforts to raise...

Persistent link: https://www.econbiz.de/10009303444

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

Performance appraisals and the impact of forced distribution : an experimental investigation

Berger, Johannes; Harbring, Christine; Sliwka, Dirk - 2010

A real effort experiment is investigated in which supervisors have to rate the performance of individual workers who in turn receive a bonus payment based on these ratings. We compare a baseline treatment in which supervisors were not restricted in their rating behavior to a forced distribution...

Persistent link: https://www.econbiz.de/10003981608

Managerial incentives and favoritism in promotion decisions : theory and field evidence

Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - 2011

-employee survey data with detailed firm level information on managerial incentive schemes and find that perceived promotion quality is …

Persistent link: https://www.econbiz.de/10009232290

Incentives and cooperation in firms : field evidence

Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - 2011

unique and representative data set. Combining employee survey data with detailed firm level information on the relative …

Persistent link: https://www.econbiz.de/10009235552

Performance pay and risk aversion

Grund, Christian (contributor); Sliwka, Dirk (contributor) - 2006

A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature about the first trade-off. Due to lack of...

Persistent link: https://www.econbiz.de/10003292054

Information provision, incentives, and attention: a field experiment on facilitating and influencing managers' decisions

Manthei, Kathrin; Sliwka, Dirk; Vogelsang, Timo - 2021

The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … behavior through incentives. We study the impact of these two roles of information on profits by implementing a field …-facilitating accounting information on the profit margins of individual products and (ii) whether they receive performance pay based on an …

Persistent link: https://www.econbiz.de/10012487017