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pose little problem as long as they are simply a result of somewhat-noisy decision making and not a reflection of the …
Persistent link: https://www.econbiz.de/10013489445
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental … — at least partly — from an assumed positive intrinsic value of decision rights. Providing clean evidence for the existence … these goals. The data reveal that the large majority of our subjects intrinsically value decision rights beyond their …
Persistent link: https://www.econbiz.de/10013064090
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental … – at least partly – from an assumed positive intrinsic value of decision rights. Proving the existence of this value and … reveal that – across different parameterizations – the large majority of our subjects intrinsically value decision rights …
Persistent link: https://www.econbiz.de/10013315775
pose little problem as long as they are simply a result of somewhat-noisy decision making and not a reflection of the …
Persistent link: https://www.econbiz.de/10013277067
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These "high-performance work systems" are difficult to understand in terms of standard moral hazard models. We show...
Persistent link: https://www.econbiz.de/10003935665
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These "high-performance work systems" are difficult to understand in terms of standard moral hazard models. We show...
Persistent link: https://www.econbiz.de/10003951888
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These "high-performance work systems" are difficult to understand in terms of standard moral hazard models. We show...
Persistent link: https://www.econbiz.de/10008824325
We conducted a randomized field experiment to examine how workers respond to wage cuts, and whether their response … received the same performance – independent hourly wage. Cutting both team members' wages caused a substantial decrease in … performance. When only one team member's wage was cut, the performance decrease for the workers who received the cut was more than …
Persistent link: https://www.econbiz.de/10013128831
We conducted a randomized field experiment to examine how workers respond to wage cuts, and whether their response … received the same performance - independent hourly wage. Cutting both team members' wages caused a substantial decrease in … performance. When only one team member's wage was cut, the performance decrease for the workers who received the cut was more than …
Persistent link: https://www.econbiz.de/10009233076
We conducted a randomized field experiment to examine how workers respond to wage cuts, and whether their response … received the same performance - independent hourly wage. Cutting both team members' wages caused a substantial decrease in … performance. When only one team member's wage was cut, the performance decrease for the workers who received the cut was more than …
Persistent link: https://www.econbiz.de/10009236780