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effect on performance. Therefore, ranking incentives should be used with care. Inducing group identity discourages sabotage …
Persistent link: https://www.econbiz.de/10014138773
We explore the effects of competitive incentives and of their time horizon on the evolution of both asset prices and …
Persistent link: https://www.econbiz.de/10013088899
When the assignment of incentives is uncertain, we study how the regularity and frequency of rewards and risk attitudes … show that less able and more risk averse players are less persistent in effort. Intermittent incentives lead to a greater … persistence of effort, while continuous incentives entail exit as soon as payment stops. Randomness increases both earlier and …
Persistent link: https://www.econbiz.de/10013069334
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10014218453
When the assignment of incentives is uncertain, we study how the regularity and frequency of rewards and risk attitudes … show that less able and more risk averse players are less persistent in effort. Intermittent incentives lead to a greater … persistence of effort, while continuous incentives entail exit as soon as payment stops. Randomness increases both earlier and …
Persistent link: https://www.econbiz.de/10014138772
Therapeutic reference pricing (TRP) of pharmaceuticals is widely thought to steer drug innovation incentives away from …, TRP reduces innovating firms' incentives for therapeutic differentiation and leads to entry of drugs that are less … innovation incentives. On the other hand, TRP leads to lower health benefits unless incentives for therapeutic differentiation …
Persistent link: https://www.econbiz.de/10014243453
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10013325263
Persistent link: https://www.econbiz.de/10003437587
Persistent link: https://www.econbiz.de/10003473537
Persistent link: https://www.econbiz.de/10008826696