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The role of salience in performance schemes: Evidence from a field experiment
Englmaier, Florian; Roider, Andreas; Sunde, Uwe - 2012
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10010282221
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Agency and communication in IMF conditional lending: theory and empirical evidence
Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009
optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF … agency bias we expect delegation to dominate. Controlling for economic and political factors, our empirical tests show that …
Persistent link: https://www.econbiz.de/10010269064
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Extrinsic rewards and intrinsic motives: Standard and behavioral approaches to agency and labor markets
Rebitzer, James B.; Taylor, Lowell J. - 2010
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics … agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees … behavioral complexity and realism into models of agency within organizations. Specifically, we assess the insights gained by …
Persistent link: https://www.econbiz.de/10010272684
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Earnings tenure profiles: tests of agency and human capital theories using individual performance data
Dong, Xiao-yuan; Jones, Derek C.; Kato, Takao - 2007
-tenure profiles. Most importantly we provide the first direct test of the relative validity of human capital and agency explanations … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … of interest concerns employee ownership (many workers at our case are employee owners). Consistent with agency theory we …
Persistent link: https://www.econbiz.de/10010268237
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Deception and incentives: how dishonesty undermines effort provision
Ederer, Florian; Fehr, Ernst - 2007
In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in which the principal has an interest in underreporting the true performance difference between the agents in a dynamic tournament. According to the standard approach, rational...
Persistent link: https://www.econbiz.de/10010268559
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How unjust! An experimental investigation of supervisors' evaluation errors and agents' incentives
Marchegiani, Lucia; Reggiani, Tommaso; Rizzolli, Matteo - 2011
In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...
Persistent link: https://www.econbiz.de/10010282338
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Religion and Growth
Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2023
unleashing technological change and through rituals, legal institutions, political economy, and conflict. Synthesizing a disjoint …
Persistent link: https://www.econbiz.de/10014469638
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Earnings-Tenure Profiles: Tests of Agency and Human Capital Theories Using Individual Performance Data
Kato, Takao; Dong, Xiao-Yuan; Jones, Derek C. - Institute for the Study of Labor (IZA) - 2007
-tenure profiles. Most importantly we provide the first direct test of the relative validity of human capital and agency explanations … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … of interest concerns employee ownership (many workers at our case are employee owners). Consistent with agency theory we …
Persistent link: https://www.econbiz.de/10005822365
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Mining and Gender Gaps in India
Guimbeau, Amanda; Ji, James; Menon, Nidhiya; van der … - 2020
on various measures of women's agency and health in India. Identification leverages the plausibly exogenous spatial …
Persistent link: https://www.econbiz.de/10012497782
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Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches to Agency and Labor Markets
Rebitzer, James B.; Taylor, Lowell J. - Institute for the Study of Labor (IZA) - 2010
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics … agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees … behavioral complexity and realism into models of agency within organizations. Specifically, we assess the insights gained by …
Persistent link: https://www.econbiz.de/10008560408