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tournament-based scheme vs. a fixed pay scheme. The experiment allows for the measurement of creative productivity, risk …
Persistent link: https://www.econbiz.de/10010498559
Persistent link: https://www.econbiz.de/10011283966
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. Subjects …, tournament, and revenue sharing) compared to the fixed payment scheme. This difference is largely driven by productivity sorting … the sorting decision in a systematic way. Moreover, self-reported effort is significantly higher in all variable pay …
Persistent link: https://www.econbiz.de/10009012616
in performance. This paper reports results from an experiment analyzing whether allowing subjects to self-select into … substantially lower than when the same payment scheme is imposed. Mainly based on risk aversion, sorting is efficiency …
Persistent link: https://www.econbiz.de/10009401083
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … the provision of incentives and their sorting effect. …
Persistent link: https://www.econbiz.de/10005112731
Persistent link: https://www.econbiz.de/10010237720
incentives schemes is not a relevant criterion for sorting decisions in our experiment. Finally, we find that cortisol levels are …We conduct a laboratory experiment among male participants to investigate whether rewarding schemes that depend on work … performance - in particular, tournament incentives - induce more stress than schemes that are independent of performance - fixed …
Persistent link: https://www.econbiz.de/10014248989
Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this … heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and …
Persistent link: https://www.econbiz.de/10015062056
Persistent link: https://www.econbiz.de/10012513702
crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …
Persistent link: https://www.econbiz.de/10011946785