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We consider the cost of providing incentives through tournaments when workers are inequity averse and performance … envy depending on the costs of assessing performance. More envious employees are preferred when these costs are high, less …
Persistent link: https://www.econbiz.de/10005100711
We consider the cost of providing incentives through tournaments when workers are inequity averse and performance … envy depending on the costs of assessing performance. More envious employees are preferred when these costs are high, less …
Persistent link: https://www.econbiz.de/10005696268
Trittbrettfahrerproblems und die Anreizwirkung von Neid. Im dritten Aufsatz wird relationalen Individualbonusverträgen ein relatives … wird für ein Beispiel gezeigt, dass die Zinsspanne, für die der Bonusvertrag das Turnier dominiert, im Neid der Agenten … to the literature, we find that inequity aversion may be beneficial: In the presence of envy, for a certain range of …
Persistent link: https://www.econbiz.de/10009467139
We consider the cost of providing incentives using tournaments when workers are inequity averse and performance … workers, but he may benefit from their propensity for envy depending on the costs of assessing performance. More envious …
Persistent link: https://www.econbiz.de/10014084767
measurement on wage costs in U- and J-type tournaments. In U-type tournaments prizes are fixed. In J-type tournaments only an …
Persistent link: https://www.econbiz.de/10009467167
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher...
Persistent link: https://www.econbiz.de/10009697870
We analyze a multitasking model with a verifiable routine task and a skill-dependent activity characterized by moral hazard. Contracts negotiated by firm/employee pairs follow from Nash bargaining. High- and low-skilled employees specialize, intermediate productivity employees perform both...
Persistent link: https://www.econbiz.de/10013201713
Persistent link: https://www.econbiz.de/10013555618
Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyse this issue in a principal-agent model, higher level of unemployment benefits improves the workers' position in wage...
Persistent link: https://www.econbiz.de/10010435683
Persistent link: https://www.econbiz.de/10000785553