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informed about her ability and her motivation. Firms differ both in their production technology and in the mission they pursue …. When the difference is not very high, then agent types sort themselves by motivation: the mission-oriented firm hires … worker is paid less by the mission-oriented firm. Such an earnings penalty is driven entirely by motivation, is increasing in …
Persistent link: https://www.econbiz.de/10011729955
productive ability nor the intrinsic motivation of the job applicant. We completely characterize the set of optimal contracts … according to whether motivation or ability is the main determinant of the worker's performance. We show that it is always in the …, when motivation is very high, incentives force the firm to pay higher informational rents, to increase effort distorsions …
Persistent link: https://www.econbiz.de/10011730934
We study the Lemons Problem when workers have private information on both their skills and their intrinsic motivation … adverse selection are mitigated. More interestingly, depending on the association between productivity and motivation, higher … two counterintuitive effects can only occur when a positive correlation exists between productivity and motivation. Our …
Persistent link: https://www.econbiz.de/10011730993
informed about her ability and her motivation. Firms differ both in their production technology and in the mission they pursue …. When the difference is not very high, then agent types sort themselves by motivation: the mission-oriented firm hires … worker is paid less by the mission-oriented firm. Such an earnings penalty is driven entirely by motivation, is increasing in …
Persistent link: https://www.econbiz.de/10013051225
productive ability nor the intrinsic motivation of the job applicant. We completely characterize the set of optimal contracts … according to whether motivation or ability is the main determinant of the worker’s performance. We show that it is always in the …, when motivation is very high, incentives force the firm to pay higher informational rents, to increase effort distorsions …
Persistent link: https://www.econbiz.de/10014161327
We study the Lemons Problem when workers have private information on both their skills and their intrinsic motivation … unexpected consequences. With a su¢ ciently strong and positive association between motivation and productivity, a wage increase …
Persistent link: https://www.econbiz.de/10013063829
focus on intrinsic motivation for the job, job security, and work/family life balance.Gendered asymmetries affect the … selection into teaching as for cognitive ability and intrinsic motivation for the job. Asymmetries in monetary and non …
Persistent link: https://www.econbiz.de/10013289735