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Tournaments versus Piece Rates under Limited Liability
Kräkel, Matthias - 2004
Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004: The existing literature on the comparison of tournaments and piece rates as alternative incentive schemes has focused on the case of unlimited liability. However, in practice real workers' wealth is typically restricted....
Persistent link: https://www.econbiz.de/10010333996
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Tournaments versus Piece Rates under Limited Liability
Kräkel, Matthias - 2004
The existing literature on the comparison of tournaments and piece rates as alternative incentive schemes has focused on the case of unlimited liability. However, in practice real workers' wealth is typically restricted. Therefore, this paper compares both schemes under the assumption of limited...
Persistent link: https://www.econbiz.de/10010263105
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The Adverse Consequences of Tournaments: Evidence from a Field Experiment
De Paola, Maria; Gioia, Francesca; Scoppa, Vincenzo - 2016
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in which one part was awarded on the basis of their relative...
Persistent link: https://www.econbiz.de/10011479372
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Performance pay and multi-dimensional sorting: productivity, preferences and gender
Dohmen, Thomas; Falk, Armin - 2006
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …
Persistent link: https://www.econbiz.de/10010267618
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Emotions and Incentives
Kräkel, Matthias - 2004
the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …
Persistent link: https://www.econbiz.de/10010262021
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Emotions and Incentives
Kräkel, Matthias - 2004
the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …
Persistent link: https://www.econbiz.de/10010263111
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Performance pay and earnings: evidence from personnel records
Pekkarinen, Tuomas; Riddell, Chris - 2006
This paper examines the effects of performance pay on earnings using linked employee-employer panel data from Finland. These payroll data contain information on the exact share of earnings obtained and hours worked on a performance pay contract. Using these data, we estimate the effects of...
Persistent link: https://www.econbiz.de/10010269236
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Preemptive Behavior in Sequential Tournaments
Jost, Peter-Jürgen; Kräkel, Matthias - 2000
Rank-order tournaments are usually modeled simultaneously. However, real tournaments are often sequentially. We show that agents' strategic behavior significantly differs in sequential tournaments compared to simultaneous tournaments. In a sequential tournament, under certain conditions the...
Persistent link: https://www.econbiz.de/10010274313
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Competition and fatigue at work
Angelova, Vera; Giebe, Thomas; Ivanova-Stenzel, Radosveta - 2018
work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they … also allow for variations in incentives in one work period, in order to analyze spillover effects to the work periods … experimental data. A short-term increase in incentives in one period should lead to higher effort in that period, and, due to …
Persistent link: https://www.econbiz.de/10011985278
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Incentives and anonymity principle : crowding out toward users
Crifo, Patricia; Rullière, Jean-Louis - 2004
anonymity principle. Incentives do matter regarding the crowding effect toward users. …
Persistent link: https://www.econbiz.de/10010276426