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We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...
Persistent link: https://www.econbiz.de/10011476544
agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees …. -- agency ; motivation ; employment relationships ; behavioral economics …
Persistent link: https://www.econbiz.de/10008688992
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
intrinsic motivation for students with low skills, while girls also respond less to rank-based incentives if tested with less …
Persistent link: https://www.econbiz.de/10010398729
Persistent link: https://www.econbiz.de/10001784246
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
, 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
). 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
A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each time. Using reduced form and structural methods we...
Persistent link: https://www.econbiz.de/10014311540
The current peer review system suffers from two key problems: promotion of an in-crowd whose methods, opinions and innovations it protects; and failure to represent the opinions and interests of non-peer clients. As a result, whole disciplines orient themselves toward navel-gazing research...
Persistent link: https://www.econbiz.de/10011458074