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assessed, on wage costs in U- and J-type tournaments. In U-type tournaments prizes are fixed. In J-type tournaments only …. Doing so leads to stronger incentives inU-type tournaments, but not in J-type tournaments. The principal strictly prefers a …
Persistent link: https://www.econbiz.de/10005857928
We empirically investigate if tournaments between heterogeneous contestants are less intensive. To test our hypotheses …
Persistent link: https://www.econbiz.de/10009354146
behavior is almost non-existent. We study sabotage in tournaments in acontrolled laboratory experiment and are able to confirm …
Persistent link: https://www.econbiz.de/10005868022
Does gender play a role in the context of team work? Our results based on areal-effort experiment suggest that performance depends on the composition of theteam. We find that female and male performance di¤er most in mixed teams withrevenue sharing between the team members, as men put in...
Persistent link: https://www.econbiz.de/10005861876
Teamwork and cooperation between workers can be of substantial value to a firm, yet thelevel of worker cooperation often varies between individual firms. We show that thesedifferences can be the result of labor market competition if workers have heterogeneouspreferences and preferences are...
Persistent link: https://www.econbiz.de/10005862582
We study the effects of envy on the feasibility of relational contracts in a standard moral hazard setup with two agents. Performance is evaluated via an observable, but non-contractible signal which reflects the agent's individual contribution to form value. Both agents exhibit disadvantageous...
Persistent link: https://www.econbiz.de/10005857794
Incentives often fail in inducing economic agents to engage in a desirableactivity; implementability is restricted. What restricts implementability?When does re-organization help to overcome this restriction?This paper shows that any restriction of implementabilityis caused by an identification...
Persistent link: https://www.econbiz.de/10009248992
This paper addresses the question, what metrics should be used for performance evaluationand in particular how they should be weighted and combined in the presence oftechnological interdependencies when the agents exhibit variedly strong developed rivalry.1 It is further examined, whether the...
Persistent link: https://www.econbiz.de/10009418821
We analyze the optimal combination of promotion tournaments and individualperformance pay in an employment relationship …
Persistent link: https://www.econbiz.de/10005860989
When designing incentives for a manager, the trade-off between insuranceand a “good” allocation of effort across various tasks is oftenidentified with a trade-off between the responsiveness (sensitivity, precision,signal-noise ratio) of the performance measure and its similarity(congruity,...
Persistent link: https://www.econbiz.de/10005868463