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Antman and Duncan (2014, 2015) document how racial identity responds to state affirmative action policy. The main contribution of our work was to show that racial identity responds to state affirmative action policy. A coding error was recently brought to our attention that resulted in 0.55% of...
Persistent link: https://www.econbiz.de/10012862471
A previous literature cautions that paying workers for performance might crowd out non-monetary motives to work hard. Empirical evidence from the field, however, has been based on between-subjects designs that are best suited for detecting crowding out due to low-powered incentives. High-powered...
Persistent link: https://www.econbiz.de/10012907833
It is often claimed that supervisors do not differentiate enough between high and low performing employees when evaluating performance. The purpose of this paper is to study the incentive effects of this behavior empirically. We first show in a simple model that the perceived degree of past...
Persistent link: https://www.econbiz.de/10013118767
Empirical studies of the principal-agent relationship find that extrinsic incentives work in many instances, linking rewards to performance increases effort, but that they can also backfire, reducing effort. Intrinsic motivation, the internal drive to work to master a skill or to improve one's...
Persistent link: https://www.econbiz.de/10013078830
Several empirical studies have challenged tournament theory by pointing out that (1) there is considerable pay …
Persistent link: https://www.econbiz.de/10013324969
Implementing performance pay requires that workers' output be measured. When measurement costs differ among firms, those with a measurement cost advantage choose to implement performance pay. They attract the best workers, and both the level and variability of compensation are higher at these...
Persistent link: https://www.econbiz.de/10012767005
, team social cohesion, and team performance. Theory predicts that the effect of team incentives on team performance … from zero. In line with theory, the estimated treatment effect increases with social cohesion as measured before the …
Persistent link: https://www.econbiz.de/10012827990
In a real-effort experiment, we investigate how the timing of discretionary bonuses affects the relationship between workers and managers. Average output is substantially higher if bonuses are paid in the middle rather than upfront or at the end, as workers increase first-period output to signal...
Persistent link: https://www.econbiz.de/10012915741
comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may … in attitudes toward risk. Indeed, for both groups financial and psychological incentive effects are both inversely … related to individual levels of risk aversion, and are positive and significant both for workers and for students who are …
Persistent link: https://www.econbiz.de/10013009501
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...
Persistent link: https://www.econbiz.de/10012779052