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The paper analyzes how the choice of organizational structure leads to the best compromise between controlling behavior based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical delegation turn out to be never an optimal compromise. If...
Persistent link: https://www.econbiz.de/10010293168
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...
Persistent link: https://www.econbiz.de/10010293214
In two experiments, we examine the effects of employer reputation in an online labor market (Amazon Mechanical Turk) in which employers may decline to pay workers while keeping their work product. First, in an audit study of employers by a blinded worker, we find that working only for good...
Persistent link: https://www.econbiz.de/10011401783
on fruit pickers paid under two distinct compensation contracts: a standard piece rate plan and a piece rate plan with an …
Persistent link: https://www.econbiz.de/10012006020
more effective when contracts are unverifiable because they help market participants overcome problems of trust. On the …
Persistent link: https://www.econbiz.de/10012059128
building trust and substituting for the difficulty of enforcing contracts internationally. The networks we are interested in …
Persistent link: https://www.econbiz.de/10010261988
During the last two decades economists have made much progress in understanding incentives, contracts and organisations …
Persistent link: https://www.econbiz.de/10010262734
We often observe minority ethnic groups at a disadvantage relative to the majority. Why is this and what can be done about it? Efforts made to assimilate, and time, are two elements working to bring the minority into line with the majority. A third element, the degree to which the majority...
Persistent link: https://www.econbiz.de/10010268658
incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns …
Persistent link: https://www.econbiz.de/10010269083
Experimental studies have consistently shown that cooperative outcomes can emerge even in finitely repeated games. Such outcomes are justified by existing reputation building models, which suggest that cooperative outcomes can be sustained if some subjects have other-regarding preferences. While...
Persistent link: https://www.econbiz.de/10010269268