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understanding of principal-agent interactions, social preferences, union-firm bargaining, arbitration, gender differentials …
Persistent link: https://www.econbiz.de/10013144747
requirements or cutting pay. We model this effect as a multi-period principal-agent problem with hidden information, and study its …
Persistent link: https://www.econbiz.de/10013138400
This paper estimates social effects of incentivizing people in teams. In two field experiments featuring exogenous team formation and opportunities for repeated social interactions, we find large team effects that operate through social channels. The team compensation system induced agents to...
Persistent link: https://www.econbiz.de/10013131446