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Productivity in Contests: Organizational Culture and Personality Effects
Andersson, Ola; Huysentruyt, Marieke; Miettinen, Topi; … - Wirtschaftswissenschaftliche Fakultät, … - 2010
We study the interaction of organizational culture and personal prosocial orientation in team work where teams compete against each other. In a computerized lab experiment with minimal group design, we prime subjects to two alternative organizational cultures emphasizing either self-enhancement...
Persistent link: https://www.econbiz.de/10008511325
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Productivity in contests: Organizational culture and personality effects
Andersson, Ola; Huysentruyt, Marieke; Miettinen, Topi; … - 2010
We study the interaction of organizational culture and personal prosocial orientation in team work where teams compete against each other. In a computerized lab experiment with minimal group design, we prime subjects to two alternative organizational cultures emphasizing either self-enhancement...
Persistent link: https://www.econbiz.de/10010270029
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What renders financial advisors less treacherous? - On commissions and reciprocity -
Popva, Vera - Wirtschaftswissenschaftliche Fakultät, … - 2010
An advisor is supposed to recommend a financial product in the best interest of her client. However, the best product for the client may not always be the product yielding the highest commission (paid by product providers) to the advisor. Do advisors nevertheless provide truthful advice? If not,...
Persistent link: https://www.econbiz.de/10008511336
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What renders financial advisors less treacherous? On commissions and reciprocity
Popova, Vera - 2010
An advisor is supposed to recommend a financial product in the best interest of her client. However, the best product for the client may not always be the product yielding the highest commission (paid by product providers) to the advisor. Do advisors nevertheless provide truthful advice? If not,...
Persistent link: https://www.econbiz.de/10010269744
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Do voluntary payments to advisors improve the quality of financial advice? An experimental sender-receiver game
Angelova, Vera; Regner, Tobias - Wirtschaftswissenschaftliche Fakultät, … - 2012
The market for retail financial products (e.g. investment funds or insurances) is marred by information asymmetries. Clients are not well informed about the quality of these products. They have to rely on the recommendations of advisors. Incentives of advisors and clients may not be aligned,...
Persistent link: https://www.econbiz.de/10010539175
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Do voluntary payments to advisors improve the quality of financial advice? An experimental sender-receiver game
Angelova, Vera; Regner, Tobias - 2012
The market for retail financial products (e.g. investment funds or insurances) is marred by information asymmetries. Clients are not well informed about the quality of these products. They have to rely on the recommendations of advisors. Incentives of advisors and clients may not be aligned,...
Persistent link: https://www.econbiz.de/10010281621
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Tournaments and Piece Rates Revisited: A Theoretical and Experimental Study of Premium Incentives
Güth, Werner; Levínský, Rene; Pull, Kerstin; Weisel, Ori - Wirtschaftswissenschaftliche Fakultät, … - 2010
Tournaments represent an increasingly important component of organizational compensation systems. While prior research … focused on fixed-prize tournaments, i.e., on tournaments where the prize or prize sum to be awarded is set in advance, we …-prize tournaments, are based on relative performance, the prize to be awarded is not set in advance but is a function of the firm …
Persistent link: https://www.econbiz.de/10008511332
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Ambiguity aversion as a reason to choose tournaments
Kellner, Christian; Riener, Gerhard - Wirtschaftswissenschaftliche Fakultät, … - 2011
distributions are uncertain, models of ambiguity aversion suggest that tournaments may become more attractive than independent wage … tournaments and independent contracts, which are designed in a way that under uncertainty about output distribution (that is …, under ambiguity), ambiguity averse agents should typically prefer tournaments, while ambiguity neutral agents prefer …
Persistent link: https://www.econbiz.de/10009143373
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Tournaments and piece rates revisited: A theoretical and experimental study of premium incentives
Güth, Werner; Levínský, René; Pull, Kerstin; Weisel, Ori - 2010
Tournaments represent an increasingly important component of organizational compensation systems. While prior research … focused on fixed-prize tournaments, i.e., on tournaments where the prize or prize sum to be awarded is set in advance, we …-prize tournaments, are based on relative performance, the prize to be awarded is not set in advance but is a function of the firm …
Persistent link: https://www.econbiz.de/10010269742
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Ambiguity aversion as a reason to choose tournaments
Kellner, Christian; Riener, Gerhard - 2011
distributions are uncertain, models of ambiguity aversion suggest that tournaments may become more attractive than independent wage … tournaments and independent contracts, which are designed in a way that under uncertainty about output distribution (that is …, under ambiguity), ambiguity averse agents should typically prefer tournaments, while ambiguity neutral agents prefer …
Persistent link: https://www.econbiz.de/10010281634