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Trait-based personality psychology and economics have taken different approaches to understanding individual differences, with the former emphasizing variables derived from the factor analysis of trait assessments, and the latter emphasizing variables derived from formal decision theory. In a...
Persistent link: https://www.econbiz.de/10010287694
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/10010278589
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/10010278765
tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest …, reduces quality, and increases in-pocket income of team managers. …
Persistent link: https://www.econbiz.de/10010282221
Using data on team assignment and weekly output for all weavers in an urban Chinese textile firm between April 2003 and …
Persistent link: https://www.econbiz.de/10010286862
. The resulting team structure included several offices (subteams) within the same team, defined by the remuneration scheme …. In this paper we analyse the strategic interactions across subteams created by a two-level team structure, in order to … assess whether rewarding collective performance necessarily promotes cooperation. We show that such team structure creates …
Persistent link: https://www.econbiz.de/10010287638
this incentive mechanism is reinvigorated after a management change - but only when the team is sufficiently homogenous …. Indeed, we find substantial evidence that coach replacements enhance team performance (only) in homogenous teams. Moreover …
Persistent link: https://www.econbiz.de/10010289908
This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We … variation in - otherwise random - team composition is imposed by assigning individuals to teams based on their measured … complex decision-making. We propose a model in which greater ability dispersion generates greater knowledge for a team, but …
Persistent link: https://www.econbiz.de/10010291418
This paper contrasts measures of teacher effectiveness with the students' evaluations for the same teachers using … in follow-on coursework of students who are randomly assigned to teachers in each of their compulsory courses. We find … material, teachers still matter substantially. The average difference in subsequent performance between students who were …
Persistent link: https://www.econbiz.de/10010278317
This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.
Persistent link: https://www.econbiz.de/10010280682