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On the Relationship Between Incentives and Performance
Weinschenk, Philipp - 2019
This paper seeks to explore how an agent's incentives to perform influences her performance. We analyze this question … show that the relationship between the incentives to perform and the expected performance could be negative. The paper thus … offers a novel, non-behavioral explanation for the failure of incentives …
Persistent link: https://www.econbiz.de/10012865018
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Provider Selection and Renegotiation Incentive of Incomplete Contracts : Empirical Relevance on Public Work Procurement
Guccio, Calogero - 2010
and incentives, can induce firms to behave strategically: they will offer very low bids to be awarded the contract …
Persistent link: https://www.econbiz.de/10013149716
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Implicit incentives and delegation in teams
Upton, Harvey - 2021
under which delegation changes the scope of peer sanction and thus influences the implicit incentives generated by the … information regarding the effient decision. We show that implicit incentives under delegation are strongest in diverse teams and …
Persistent link: https://www.econbiz.de/10013309991
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Incentives for Contract Designers
Rodivilov, Alexander - 2021
This paper examines the optimal provision of incentives for contract designers. A principal hires an agent to draft a …
Persistent link: https://www.econbiz.de/10013213552
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Incentivization in Decentralized Autonomous Organizations
Braun, Alexander; Häusle, Niklas; Karpischek, Stephan - 2021
We propose a mechanism for the incentivization of workers in decentralized autonomous organizations instantiated on the blockchain. Our approach relies on staking, a digital form of collateralization that requires network participants to acquire cryptographic tokens and deposit them in a smart...
Persistent link: https://www.econbiz.de/10013250823
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Task-Specific Abilities in Multi-Task Principal-Agent Relationships
Thiele, Veikko - 2010
is indispensable to take the induced effort distortion and the measure-cost efficiency into consideration - both …
Persistent link: https://www.econbiz.de/10014027686
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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/10011455813
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Performance measure congruity in linear agency models with interactive tasks
Budde, Jörg - 2006 - revised version, November 2006
This note demonstrates how performance measure congruity and noise determine an agency's total surplus within an linear agency framework with multiple tasks. It provides a decomposition of agency costs, leading back to a congruity index previously proposed in the literature. In addition, it...
Persistent link: https://www.econbiz.de/10010383032
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On the use of nonfinancial performance measures in management compensation
Sliwka, Dirk - 2001
balanced scorecard. We give an explanation for both claims in a formal model. The distortion towards operational effort arises …
Persistent link: https://www.econbiz.de/10011539694
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Multitasking and the benefits of objective performance measurement : evidence from a field experiment ; conference paper
Manthei, Kathrin; Sliwka, Dirk - 2013 - Preliminary version
We examine the benefits of objective performance measurement in a field experiment conducted in a retail bank. At the outset objective performance measures of pro fits in each branch were only available on the branch level and managers allocated bonuses to their employees based on subjective...
Persistent link: https://www.econbiz.de/10010338944