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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

agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees …

Persistent link: https://www.econbiz.de/10010272684

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

Potential, prizes and performance : testing tournament theory with professional tennis data

Sunde, Uwe - 2003

This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been tested empirically before; and (ii) whether incentives...

Persistent link: https://www.econbiz.de/10010261647

Team governance: empowerment or hierarchical control

Friebel, Guido; Schnedler, Wendelin - 2007

We investigate a team setting in which workers have different degrees of commitment to the outcome of their work. We show that if there are complementarities in production and if the team manager has some information about team members, interventions that the manager undertakes in order to...

Persistent link: https://www.econbiz.de/10010268432

Does Monitoring Decrease Work Effort? : The Complementarity Between Agency and Crowding-Out Theories

Dickinson, David; Villeval, Marie-Claire - 2004

realtask laboratory experiment, our results show that principals are not trustful enough to refrain from monitoring the agents … motivation is crowded out when monitoring is above a certain threshold. We identify that both interpersonal principal/agent links …

Persistent link: https://www.econbiz.de/10010261972

Performance appraisals and the impact of forced distribution: An experimental investigation

Berger, Johannes; Harbring, Christine; Sliwka, Dirk - 2010

A real effort experiment is investigated in which supervisors have to rate the performance of individual workers who in …

Persistent link: https://www.econbiz.de/10010269805

Incentives in Tournaments with Endogenous Prize Selection

Harbring, Christine; Irlenbusch, Bernd - 2004

-world organizations we employ a controlled experiment. Our data provide clear evidence that agents? behavior is not only guided by …

Persistent link: https://www.econbiz.de/10010262080

Redesigning Teams and Incentives in a Merger : An Experiment with Managers and Students

Montmarquette, Claude; Rullière, Jean-Louis; Villeval, … - 2004

with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate …, which occur in both compensation incentives and team composition. The results of a real effort experiment conducted with … managers within a large pharmaceutical company not only show that changes in compensation incentives affect performance but …

Persistent link: https://www.econbiz.de/10010276427

Career Concerns in a Simple Experimental Labour Market

Irlenbusch, Bernd; Sliwka, Dirk - 2003

We experimentally investigate a simple version of Holmström?s career concerns model in which firms compete for agents in two consecutive periods. Profits of firms are determined by agents? unknown ability and the effort they choose. Before making second-period wage offers firms are informed...

Persistent link: https://www.econbiz.de/10010261580

An Experimental Test of Career Concerns

Koch, Alexander K.; Morgenstern, Albrecht; Raab, Philippe - 2004

Holmström?s (1982/99) career concerns model has become an important workhorse for the analysis of agency issues in many fields. The underlying signal jamming argument requires players to use information in a Bayesian way – which may or may not reasonably approximate real-life decision makers?...

Persistent link: https://www.econbiz.de/10010262147

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