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Tournaments versus Piece Rates under Limited Liability
Kräkel, Matthias - Volkswirtschaftliche Fakultät, … - 2004
Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004The existing literature on the comparison of tournaments and piece rates as alternative incentive schemes has focused on the case of unlimited liability. However, in practice real workers’ wealth is typically...
Persistent link: https://www.econbiz.de/10005785900
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Performance Pay and Multi-dimensional Sorting: Productivity, Preferences and Gender
Dohmen, Thomas; Falk, Armin - Institute for the Study of Labor (IZA) - 2006
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …
Persistent link: https://www.econbiz.de/10005703774
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Emotions and Incentives
Kräkel, Matthias - Institute for the Study of Labor (IZA) - 2004
the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …
Persistent link: https://www.econbiz.de/10005703572
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Emotions and Compensation
Kräkel, Matthias - In: Schmalenbach Business Review (sbr) 60 (2008) 2, pp. 145-159
their own performances with those of co-workers. I analyze the interplay of emotions and incentives by focusing on a certain … emotions lead to additional incentives and under which the employer benefits from emotional workers, and I sketch the impact of … risk aversion on the interplay of emotions and incentives, and the influence of a worker’s success probability on the …
Persistent link: https://www.econbiz.de/10005736914
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Performance Pay and Earnings: Evidence from Personnel Records
Pekkarinen, Tuomas; Riddell, Chris - Institute for the Study of Labor (IZA) - 2006
This paper examines the effects of performance pay on earnings using linked employeeemployer panel data from Finland. These payroll data contain information on the exact share of earnings obtained and hours worked on a performance pay contract. Using these data, we estimate the effects of...
Persistent link: https://www.econbiz.de/10005822964
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Preemptive Behavior in Sequential Tournaments
Jost, Peter J.; Kräkel, Matthias - Institute for the Study of Labor (IZA) - 2000
Rank-order tournaments are usually modeled simultaneously. However, real tournaments are often sequentially. We show that agents' strategic behavior significantly differs in sequential tournaments compared to simultaneous tournaments. In a sequential tournament, under certain conditions the...
Persistent link: https://www.econbiz.de/10005703782
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Before Careers: Experiences of Wage Growth among Late Nineteenth-Century Swedish Cigar Workers
Stanfors, Maria; Burnette, Joyce - Ekonomisk-historiska Institutionen, Ekonomihögskolan - 2012
This article uses a new and detailed survey of cigar-making employers and employees to investigate male and female wage growth in the late nineteenth century. Swedish cigar workers in 1898 did not have careers like workers today do; instead, labor markets were more flexible, and workers were not...
Persistent link: https://www.econbiz.de/10010818769
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The Incentive Effects of Appointment Tournaments in German Higher Education
Chlosta, Kristin; Pull, Kerstin - In: Schmalenbach Business Review (sbr) 62 (2010) 4, pp. 378-400
incentives for university professors. However, even before the reform, publication records of university German professors showed … heterogeneity distinguishing junior academics and professors. We analyze the effects of selected reform elements on the incentives …
Persistent link: https://www.econbiz.de/10008740455
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Social Attitudes on Gender Equality and Firms' Discriminatory Pay-Setting
Janssen, Simon; Tuor Sartore, Simone N.; … - Institute for the Study of Labor (IZA) - 2014
We analyze the relationship between social attitudes on gender equality and firms' pay-setting behavior by combining information about regional votes relative to gender equality laws with a large data set of multi-branch firms and workers. The results show that multi-branch firms pay more...
Persistent link: https://www.econbiz.de/10010959707
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HELPING AND SABOTAGING IN TOURNAMENTS
KRÄKEL, MATTHIAS - In: International Game Theory Review (IGTR) 07 (2005) 02, pp. 211-228
A two-stage, two-person tournament is discussed, in which each player can influence the other one at the first stage by choosing help, sabotage or no action. At the second stage, the players choose effort to win the tournament. Helping and sabotaging have two effects — they influence the...
Persistent link: https://www.econbiz.de/10005081039