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Social Interaction, Co-Worker Altruism, and Incentives

Dur, Robert - 2009

damage the work climate. We show that both team incentives and relative incentives can help to create a good work climate …

Persistent link: https://www.econbiz.de/10013154985

Performance Measurement and Incentive Intensity

Bayo Moriones, José Alberto - 2015

This study addresses the factors that determine the intensity of pay for performance schemes. The results indicate that the use of individual and group incentives boost intensity, whereas plant or firm pay for performance do not seem to affect the variable of interest. In addition, the adoption...

Persistent link: https://www.econbiz.de/10013016242

Image Versus Information : Changing Societal Norms and Optimal Privacy

Ali, S. Nageeb - 2016

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/10012990864

Team Governance : Empowerment or Hierarchical Control

Friebel, Guido; Schnedler, Wendelin - 2021

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/10013316729

Did Cheaper Flights Change the Direction of Science?

Catalini, Christian - 2016

We test how a reduction in travel cost affects the rate and direction of scientific research. Using a fine …

Persistent link: https://www.econbiz.de/10012993873

Hidden Insurance in a Moral Hazard Economy

Bertola, Giuseppe - 2013

We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...

Persistent link: https://www.econbiz.de/10013071425

Equality of Opportunity, Moral Hazard and the Timing of Luck

Lefranc, Arnaud - 2017

Equality of opportunity is usually defined as a situation where the effect of circumstances on outcome is nullified (compensation principle) and effort is rewarded (reward principle). We propose a new version of the reward principle based on the idea that effort deserves reward for it is costly....

Persistent link: https://www.econbiz.de/10012959664

Optimal Incentive Contracts Under Moral Hazard When the Agent is Free to Leave

Englmaier, Florian - 2010

We characterize optimal incentive contracts in a moral hazard framework extended in two directions. First, after effort provision, the agent is free to leave and pursue some ex-post outside option. Second, the value of this outside option is increasing in effort, and hence endogenous. Optimal...

Persistent link: https://www.econbiz.de/10013141421

The Response to Dynamic Incentives in Insurance Contracts with a Deductible : Evidence from a Differences-in-Regression-Discontinuities Design

Klein, Tobias J. - 2020

We develop a new approach to quantify how patients respond to dynamic incentives in health insurance contracts with a deductible. Our approach exploits two sources of variation in a differences-in-regression-discontinuities design: deductible contracts reset at the beginning of the year, and...

Persistent link: https://www.econbiz.de/10012837905

Lying and Team Incentives

Conrads, Julian - 2011

We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …

Persistent link: https://www.econbiz.de/10013120402

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