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, typically at 10 to 16% per 100 days in a team; (iv) while initially teams lead to more downtime, these costs diminish over time …; (v) the performance-enhancing effects of team membership are generally greater and more long-lasting for team members who … are solicited by management; (vi) similar relationships exist for more educated team members. These findings square with …
Persistent link: https://www.econbiz.de/10003591493
team work if their co-workers do the same. We show that there is no pooling in equilibrium, and that workers self …-select into firms that differ in their incentives as well as their resulting level of team work. Our model can explain why firms …
Persistent link: https://www.econbiz.de/10003603601
Economists have a poor understanding of the mechanisms underlying reduced-form college peer effects. In this paper we explore a candidate mechanism, the provision of school effort. We show that, when earnings reflect individual educational performance as well as the field of study selected at...
Persistent link: https://www.econbiz.de/10003672774
Within a laboratory experiment we investigate a principal-agent game in which agents may, first, self-select into a group task (GT) or an individual task (IT) and, second, choose work effort. In their choices of task and effort the agents have to consider pay contracts for both tasks as offered...
Persistent link: https://www.econbiz.de/10003577782
We investigate a team setting in which workers have different degrees of commitment to the outcome of their work. We … show that if there are complementarities in production and if the team manager has some information about team members … identifies that team governance is driven by the importance of tasks that cannot be monitored. The more important these tasks …
Persistent link: https://www.econbiz.de/10003578893
In social dilemmas, leading a team by making heroic efforts may prove costly, especially if the followers are not … composition of the team also matters, as publicizing certain attributes of a subject's teammates has an impact on her decision to … lead. Lastly, though voluntary leaders improve efficiency in their team, they are not necessarily more influential than …
Persistent link: https://www.econbiz.de/10003579985
through either tournaments or team-based incentives. Participants engaged in a subsequent trust game in which the sender had …
Persistent link: https://www.econbiz.de/10003684466
We use a laboratory gift-exchange game to examine decisions made by groups under three different procedures that dictate how group members interact and reach decisions in comparison to individuals acting alone. We find that group decisions do deviate from those of individuals, but the direction...
Persistent link: https://www.econbiz.de/10003688779
How to design compensation schemes to motivate team members appears to be one of the most challenging problems in the … economic analysis of labour provision. We shed light on this issue by experimentally investigating team-based compensations … with and without bonuses awarded to the highest contributors in teams. A purely team-based compensation scheme induces …
Persistent link: https://www.econbiz.de/10003497895
This paper uses matched employer-employee panel data to show that individual job satisfaction is higher when other workers in the same establishment are better-paid. This runs contrary to a large literature which has found evidence of income comparisons in subjective well-being. We argue that...
Persistent link: https://www.econbiz.de/10003561635