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Dynamic incentive effects of heterogeneity in multi-stage promotion contests
Stracke, Rudi; Sunde, Uwe - 2014
compensated by positive continuation-value and selection effects. Due to these positive dynamic incentive effects of heterogeneity …This paper shows that the incentive effects of heterogeneity may be positive rather than negative in dynamic contests … with multiple stages. In particular, the well-studied adverse effects of heterogeneity in static interactions are …
Persistent link: https://www.econbiz.de/10010394022
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Competing on the holodeck : the effect of virtual peers and heterogeneity in dynamic tournaments
Graff, Jan Frederik; Grund, Christian; Harbring, Christine - 2018
.g., heterogeneity in dynamic tournaments. We simulate a realistic working situation in a highly immersive environment. Implementing a …
Persistent link: https://www.econbiz.de/10011946765
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Task difficulty, performance measure characteristics, and the trade-off between insurance and well-allocated effort
Schnedler, Wendelin (contributor) - 2006
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10003323166
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Who pays for performance?
Barth, Erling; Bratsberg, Bernt; Haegeland, Torbjørn; … - 2006
Using Norwegian establishment surveys from 1997 and 2003, we show that performance-related pay is more prevalent in firms where workers of the main occupation have a high degree of autonomy in how to organize their work. This observation supports an interpretation of incentive pay as motivated...
Persistent link: https://www.econbiz.de/10003328059
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Sorting, incentives and risk preferences : evidence from a field experiment
Bellemare, Charles (contributor);  … - 2006
The, often observed, positive correlation between incentive intensity and risk has been explained in two ways: the presence of transaction costs as determinants of contracts and the sorting of risk-tolerant individuals into firms using high-intensity incentive contracts. The empirical importance...
Persistent link: https://www.econbiz.de/10003355557
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Self-selection and the efficiency of tournaments
Eriksson, Tor (contributor); Teyssier, Sabrina (contributor) - 2006
is attributable both to its incentive effect and to its selection effect among employees (Lazear, 2000), it is important … ; incentives ; sorting ; selection ; experiment …
Persistent link: https://www.econbiz.de/10003283430
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Incentives for managers and inequality among workers : evidence from a firm level experiment
Bandiera, Oriana (contributor); Barankay, Iwan (contributor) - 2006
. -- managerial incentives ; targeting ; selection ; earnings inequality …
Persistent link: https://www.econbiz.de/10003304676
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Social connections and incentives in the workplace : evidence from personnel data
Bandiera, Oriana (contributor); Barankay, Iwan (contributor) - 2008
We present evidence on the effect of social connections between workers and managers on productivity in the workplace. To evaluate whether the existence of social connections is beneficial to the firm's overall performance, we explore how the effects of social connections vary with the strength...
Persistent link: https://www.econbiz.de/10003793735
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Sabotage in tournaments : evidence from a laboratory experiment
Harbring, Christine; Irlenbusch, Bernd - 2009
Although relative performance schemes are pervasive in organizations reliable empirical data on induced sabotage behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm one of the key insights from theory: effort and...
Persistent link: https://www.econbiz.de/10003859419
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The effect of adversity on process innovations and managerial incentives
Dostie, Benoît; Jayaraman, Rajshri - 2009
This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...
Persistent link: https://www.econbiz.de/10003863657