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Achievement Effects of Individual Performance Incentives in a Teacher Merit Pay Tournament
O’Rourke, Margaret - 2015
This paper estimates the effect of the individual incentives teachers face in a teacher-based value-added merit pay tournament on student achievement. We first build an illustrative model in which teachers use proximity to an award threshold to update their information about their own ability,...
Persistent link: https://www.econbiz.de/10013014659
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Compensation Matters : Incentives for Multitasking in a Law Firm
Bartel, Ann P. - 2013
shift billable hours to team members. Although the motivation for the change in the compensation plan was the multitasking …
Persistent link: https://www.econbiz.de/10013076564
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Executive Compensation : A Survey of Theory and Evidence
Edmans, Alex - 2017
This paper reviews the theoretical and empirical literature on executive compensation. We start by presenting data on the level of CEO and other top executive pay over time and across firms, the changing composition of pay; and the strength of executive incentives. We compare pay in U.S. public...
Persistent link: https://www.econbiz.de/10012951861
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The Sociology of Groups and the Economics of Incentives : Theory and Evidence on Compensation Systems
Encinosa, William E.; Gaynor, Martin; Rebitzer, James B. - 2021
theory of agency, notably income insurance and multi-task considerations, also shape pay policies. The conclusion we draw …
Persistent link: https://www.econbiz.de/10013234345
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Opportunity Counts : Teams and the Effectiveness of Production Incentives
Boning, Brent; Ichniowski, Casey; Shaw, Kathryn L. - 2021
This paper investigates the individual and joint effects of group incentive pay and problem-solving teams on productivity. To estimate models of adoption of these work practices and models of the effects of the work practices on productivity, we constructed a data set on the operations of 34...
Persistent link: https://www.econbiz.de/10013240520
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Performance Incentives within Firms : The Effect of Managerial Responsibility
Aggarwal, Rajesh K.; Samwick, Andrew A. - 2022
executive officers. However, firms are run by teams of managers, and a theory of the firm should also explain the distribution …
Persistent link: https://www.econbiz.de/10013308346
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Personnel Economics : Hiring and Incentives
Oyer, Paul - 2010
conform to theory. We survey some literature in this area and suggest areas for further research …
Persistent link: https://www.econbiz.de/10013143759
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The Peter Principle : Promotions and Declining Productivity
Lazear, Edward P. - 2021
Many have observed that individuals perform worse after having received a promotion. The most famous statement of the idea is the Peter Principle, which states that people are promoted to their level of incompetence. There are a number of possible explanations. Two are explored. The most...
Persistent link: https://www.econbiz.de/10013247253
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Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision
Lacetera, Nicola - 2011
competition affect the incentives given to scientists, and these effects interact. First, high knowledge spillovers lead firms to … soften incentives when product market competition is high, and to strengthen incentives when competition is low. Second, the … relationship between the intensity of competition and the power of incentives is U-shaped, with the exact shape depending on the …
Persistent link: https://www.econbiz.de/10013125567
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Who Should Pay for Credit Ratings and How?
Kashyap, Anil K. - 2013
We analyze a model where investors use a credit rating to decide whether to finance a firm. The rating quality depends on unobservable effort exerted by a credit rating agency (CRA). We study optimal compensation schemes for the CRA when a planner, the firm, or investors order the rating. Rating...
Persistent link: https://www.econbiz.de/10013084208