Showing 51 - 60 of 1,637
We present evidence on social incentives in the workplace, namely on whether workers' behavior is affected by the … are paid piece rates based on individual productivity, social incentives can be quantified in monetary terms and are such … productivity by 10%. The distribution of worker ability is such that the net effect of social incentives on the firm's aggregate …
Persistent link: https://www.econbiz.de/10013134643
This paper studies the interplay between economic incentives and social norms in firms. We introduce a general … also show how social norms can induce multiplicity of equilibria and how steeper economic incentives can reduce effort …
Persistent link: https://www.econbiz.de/10013136669
the countries' authorities, openness, and transparency, consistently with the theory …
Persistent link: https://www.econbiz.de/10012750944
The existing delegation literature has focused on different preferences of principal and agent concerning project selection, which makes delegating authority costly for the principal. This paper shows that delegation has a cost even when the preferences of principal and agent are exogenously...
Persistent link: https://www.econbiz.de/10012929070
We examine optimal incentives for charitable giving with a large-scale field experiment involving 26 charities and over … incentive schemes, taking into account the goals of the charity and donor preferences. Two of these optimal incentives were … predicted by theory and our simulations. Our findings highlight the pitfalls of relying on a particular parameterization of a …
Persistent link: https://www.econbiz.de/10012831983
We present a model and an experiment that show, in a very general setting, that effort choice under a given linear pay-for-performance contract depends on how the financial risk associated with the scheme interacts with effort. We find that, under a given contract, if risk increases with effort,...
Persistent link: https://www.econbiz.de/10012962312
"descriptive norm") what they really value (the "prescriptive norm"), thus presenting her with a tradeoff between incentives and …
Persistent link: https://www.econbiz.de/10012990864
that norm. High-powered incentives may crowd out motivation as pessimism about the norm is conveyed. But by choosing fixed …
Persistent link: https://www.econbiz.de/10012778314
Time-inconsistent, present-biased agents may hold commitment assets hoping to keep their current and future present bias in check. Paternalistic governments, in an effort to help such people, routinely offer commitment machinery such as restrictions (or bans) on early withdrawals from...
Persistent link: https://www.econbiz.de/10012835879
In recent decades, information and communication technology (ICT) has been associated with far-reaching changes in the design of jobs. However, it still remains unclear whether these changes will lead to more centralization or more decentralization in firms. Previous literature on this debate...
Persistent link: https://www.econbiz.de/10014078210