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Jacks-of-All-Trades? : the effect of balanced skills on team performance
Rosendahl Huber, Laura; Sloof, Randolph; Praag, Mirjam van - 2014
ventures together in teams. In this paper we test whether the effect of more balanced skills is also positive in a team of … specialists within one team. Our field experiment studies teams of children participating in an entrepreneurship education program … results show that balanced skills are beneficial to team performance, and that it is hard to substitute individual balanced …
Persistent link: https://www.econbiz.de/10010364491
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Diverse cognitive skills and team performance : a field experiment based on an entrepreneurship education program
Rosendahl Huber, Laura; Sloof, Randolph; Praag, Mirjam van - In: Journal of economic behavior & organization : JEBO 177 (2020), pp. 569-588
Persistent link: https://www.econbiz.de/10012437578
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The degradation of distorted performance measures
Sloof, Randolph; Praag, Mirjam van - 2008
Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...
Persistent link: https://www.econbiz.de/10011376645
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Performance measurement, expectancy and agency theory : an experimental study
Sloof, Randolph; Praag, Mirjam van - 2006
Theoretical analyses of (optimal) performance measures are typically performed within the realm of the linear agency model. This model implies that, for a given compensation scheme, the agent’s optimal effort is unrelated to the amount of noise in the performance measure. In contrast,...
Persistent link: https://www.econbiz.de/10011343251
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Testing for distortions in performance measures : an application to residual income based measures like economic value added
Sloof, Randolph; Praag, Mirjam van - 2014
Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical test developed by Courty and Marschke (2008) to detect whether the widely used class of Residual Income based...
Persistent link: https://www.econbiz.de/10010350010
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The Degradation of Distorted Performance Measures
Sloof, Randolph; van Praag, Mirjam - 2008
Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...
Persistent link: https://www.econbiz.de/10010325988
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The degradation of distorted performance measures : an application to residual income based measures like EVA
Sloof, Randolph; Praag, Mirjam van - 2008
Persistent link: https://www.econbiz.de/10003756053
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Performance measurement, expectancy and agency theory : an experimental study
Sloof, Randolph; Praag, Mirjam van - In: Journal of economic behavior & organization : JEBO 67 (2008) 3/4, pp. 794-809
Persistent link: https://www.econbiz.de/10003763567
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Testing for distortions in performance measures : an application to residual income-based measures like economic value added
Sloof, Randolph; Praag, Mirjam van - In: Journal of economics & management strategy : JEMS 24 (2015) 1, pp. 74-91
Persistent link: https://www.econbiz.de/10010520723
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The effect of noise in a performance measure on work motivation
Sloof, Randolph; Praag, Mirjam van - 2008
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small with a volatile environment where the noise is...
Persistent link: https://www.econbiz.de/10011376648