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Delegation to a Group
Fehrler, Sebastian; Janas, Moritz - 2023
We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information aggregation. On the one hand, the expected benefit...
Persistent link: https://www.econbiz.de/10014254511
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Workplace Democracy in the Lab
Mellizo, Philip - 2011
While intuition suggests that empowering workers to have some say in the control of the firm is likely to have beneficial incentive effects, empirical evidence of such an effect is hard to come by because of numerous confounding factors in the naturally occurring data. We report evidence from a...
Persistent link: https://www.econbiz.de/10013130466
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Social Comparisons in Wage Delegation : Experimental Evidence
Charness, Gary - 2013
This article examines whether social comparisons have behavioral effects on workers' performance when a firm can choose workers' wages or let them choose their own. Firms can delegate the wage decision to neither, one or both workers in the firm. We vary the information workers receive, finding...
Persistent link: https://www.econbiz.de/10013071433
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Empowerment and the Dark Side of Delegation
Kräkel, Matthias - 2018
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
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Screening, Competition, and Job Design : Economic Origins of Good Jobs
Bartling, Björn - 2010
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These "high-performance work systems" are difficult to understand in terms of standard moral hazard models. We show...
Persistent link: https://www.econbiz.de/10013148345
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Risk, Delegation, and Project Scope
Roider, Andreas - 2021
This paper studies a partial-contracting model where an agent may provide effort to increase a project's scope before some later decisions have to be taken. Consistent with existing empirical evidence, we find a positive relationship between exogenous risk and delegation. That is, we show that...
Persistent link: https://www.econbiz.de/10013316757
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High Performance Work Practices and Employee Voice : A Comparison of Japanese and Korean Workers
Bae, Kiu-Sik - 2010
Using a unique new cross-national survey of Japanese and Korean workers, we report the first systematic evidence on the effects on employee voice of High Performance Work Practices (HPWPs) from the two economies which are noted for the wide use of HPWPs. We find for both nations that: (i)...
Persistent link: https://www.econbiz.de/10013141763
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Social Comparison in the Workplace : Evidence from a Field Experiment
Cohn, Alain - 2011
received the same performance – independent hourly wage. Cutting both team members' wages caused a substantial decrease in … performance. When only one team member's wage was cut, the performance decrease for the workers who received the cut was more than … other team member's wage level. In contrast, workers whose wage was not cut but who witnessed their team member's pay being …
Persistent link: https://www.econbiz.de/10013128831
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Can Higher Bonuses Lead to Less Effort? Incentive Reversal in Teams
Klor, Esteban F. - 2011
this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production …
Persistent link: https://www.econbiz.de/10013129921
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The Productivity Effects of Profit Sharing, Employee Ownership, Stock Option and Team Incentive Plans : Evidence from Korean Panel Data
Kato, Takao - 2010
(SOPs) and Team Incentive Plans (TIPs). In do doing, we assemble important new panel data by merging data from a survey of …
Persistent link: https://www.econbiz.de/10013139059