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On the relevance and composition of gifts within the firm: evidence from field experiments

Bellemare, Charles; Shearer, Bruce S. - 2009

this firm, increasing in importance when the workers' outside alternatives deteriorate. Profit-maximizing gifts would …We investigate the economic relevance and the composition of gifts within a firm where output is contractible. We … develop a structural econometric model that identifies workers' optimal reaction to monetary gifts received from their …

Persistent link: https://www.econbiz.de/10010276706

Gift exchange within a firm: evidence from a field experiment

Bellemare, Charles; Shearer, Bruce S. - 2007

We present results from a field experiment testing the gift-exchange hypothesis inside a tree-planting firm paying its workforce incentive contracts. Firm managers told a crew of tree planters they would receive a pay raise for one day as a result of a surplus not attributable to past planting...

Persistent link: https://www.econbiz.de/10010276675

Managerial incentives and favoritism in promotion decisions: Theory and field evidence

Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - 2011

This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be mitigated by pay-for-performance incentives for...

Persistent link: https://www.econbiz.de/10010278492

Getting more work for nothing? Symbolic awards and worker performance

Kosfeld, Michael; Neckermann, Susanne - 2010

We study the impact of status and social recognition on worker performance in a field experiment. In collaboration with an international non-governmental organization we hired students to work on a database project. Students in the award treatment were offered a congratulatory card from the...

Persistent link: https://www.econbiz.de/10010269941

Can higher bonuses lead to less effort? Incentive reversal in teams

Klor, Esteban F.; Kube, Sebastian; Winter, Eyal; … - 2011

Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production with positive externalities between agents, incentive...

Persistent link: https://www.econbiz.de/10010278589

Feedback and incentives: experimental evidence

Eriksson, Tor; Poulsen, Anders; Villeval, Marie-Claire - 2008

This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...

Persistent link: https://www.econbiz.de/10010268675

Who benefits from benefits? Empirical research on tangible incentives

Hammermann, Andrea; Mohnen, Alwine - 2012

Although a broad field of literature on incentive theory exists, employer-provided tangible goods (hereafter called benefits) have so far been neglected by economic research. A remarkable exception is an empirical study by Oyer (2008). In our study, we test some of his findings by drawing on a...

Persistent link: https://www.econbiz.de/10010282164

WTP vs. WTA: christmas presents and the endowment effect

Bauer, Thomas K.; Schmidt, Christoph M. - 2008

Using data on the valuation of Christmas gifts received by students in different fields at a German university, we … significant lower WTP and WTA, indicating that existing studies on the efficiency loss of holiday gifts and experimental studies …

Persistent link: https://www.econbiz.de/10010269343

Discrete innovation, continuous improvement, and competitive pressure

Ghosh, Arghya; Kato, Takao; Morita, Hodaka - 2007

Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental improvements and modifications made upon the...

Persistent link: https://www.econbiz.de/10010268378

Discrete Innovation, Continuous Improvement, and Competitive Pressure

Ghosh, Arghya; Kato, Takao; Morita, Hodaka - Institute for the Study of Labor (IZA) - 2007

Persistent link: https://www.econbiz.de/10005822187

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