Showing 1 - 10 of 45
, it is not surprising that one commonly used motivator is the promotion tournament. In such tournaments, agents compete to … advance to positions at higher organizational levels. Though these tournaments are common, little research has empirically …
Persistent link: https://www.econbiz.de/10009218146
We use a quasi-experimental research design to study the effect of giving workers feedback on their relative performance. The setting is a firm in which workers are paid piece rates and where, for exogenous reasons, management begins to reveal to workers their relative position in the...
Persistent link: https://www.econbiz.de/10010990464
Contests (or tournaments) are pervasive in organizations. They help performance evaluation by eliminating common shocks … affecting agents' performance. However, tournaments are less effective when participants have heterogeneous ability because … similar loss of motivation arises when tournaments take place over multiple periods because interim performance acts in a way …
Persistent link: https://www.econbiz.de/10009214107
One of the building blocks of the Analytic Hierarchy Process (Saaty [Saaty, T. L. 1977. A scaling method for priorities in hierarchical structures. Math. Psych. 15 234--281.]) is the ratio-scaled assessment of an agent's preferences between pairs of alternatives. This article shows how it is...
Persistent link: https://www.econbiz.de/10009214347
reduces the incentives of all competitors in a contest to exert effort and make investments. At the same time, adding …. We also find that higher uncertainty reduces the negative effect of added competitors on incentives. Thus, uncertainty … and the nature of the problem should be explicitly considered in the design of innovation tournaments. We explore the …
Persistent link: https://www.econbiz.de/10009214506
Is the right amount of effort exerted in multiperson tournaments where contestants have two different levels of initial … varying the prize structure. We test these predictions for three-person tournaments using an economic experiment in a social …
Persistent link: https://www.econbiz.de/10009197627
This paper investigates the impact of royalty revision on incentives and profits in a two-stage (research and … to dynamically adjust royalty rates across the two stages of the alliance to better align the innovator's incentives …
Persistent link: https://www.econbiz.de/10010990567
Most research into cost systems has focused on their motivational implications. This paper takes a different approach, by developing a model where two oligopolistic firms strategically select their cost-based transfer prices. Duopoly models frequently assume that firms game on their choice of...
Persistent link: https://www.econbiz.de/10009209114
Online personalization services belong to a class of economic goods with a "no free disposal" (NFD) property where consumers do not always prefer more services to less because of the privacy concerns. These concerns arise from the revelation of information necessary for the provision of...
Persistent link: https://www.econbiz.de/10009209134
different; one firm is decentralized and uses incentives that commit it to being aggressive, while the other is centralized and … uses incentives that commit it to being soft. Hence, endogenous firm heterogeneity in the form of organizational …
Persistent link: https://www.econbiz.de/10009209263