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Deferred Compensation and Gift Exchange : An Experimental Investigation into Multi-Period Labor Markets
Wallace, Brian; Seltzer, Andrew J.; Huck, Steffen - 2004
This paper examines the relationship between firms? wage offers and workers? supply of effort using a three-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero, while third period productivity is zero and wages are...
Persistent link: https://www.econbiz.de/10010261943
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Incentives and creativity in groups
Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - 2013
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out … also when individuals work together to solve such problems. We do not find a negative impact of incentives on group … performance. As a comparison we ran the same experiment (the Candle Problem) with and without incentives for individuals as well …
Persistent link: https://www.econbiz.de/10009786022
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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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Incentives, self-selection, and coordination of motivated agents for the production of social goods
Bauer, Kevin; Kosfeld, Michael; Siemens, Ferdinand von - 2021
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …
Persistent link: https://www.econbiz.de/10012599052
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Incentives, self-selection, and coordination of motivated agents for the production of social goods
Bauer, Kevin; Kosfeld, Michael; Siemens, Ferdinand von - 2021
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …
Persistent link: https://www.econbiz.de/10012596233
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Incentives, self-selection, and coordination of motivated agents for the production of social goods
Bauer, Kevin; Kosfeld, Michael; Siemens, Ferdinand von - 2021
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …
Persistent link: https://www.econbiz.de/10012591754
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Base salaries, bonus payments, and work absence among managers in a German company
Pfeifer, Christian - 2012
Questions about compensation structures and incentive effects of pay-for-performance components are important for firms' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce insider econometric evidence on the structure and...
Persistent link: https://www.econbiz.de/10010294492
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Base salaries, bonus payments, and work absence among managers in a German company
Pfeifer, Christian - 2012
Questions about compensation structures and incentive effects of pay-for-performance components are important for firms' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce insider econometric evidence on the structure and...
Persistent link: https://www.econbiz.de/10010291414
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Self-Sorting, Incentive Compensation and Human-Capital Assets
Abdel-Khalik, A. Rashad - 2016
Skilled labour has gained significance as a production factor in the age of information technology, but accounting does not recognize human capital as an asset that contributes to the firm's earning power. This paper suggests a method to develop a latent index to proxy the managerial-skill...
Persistent link: https://www.econbiz.de/10013006447
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Incentives, Self-Selection, and Coordination of Motivated Agents for the Production of Social Goods
Bauer, Kevin; Kosfeld, Michael; von Siemens, Ferdinand - 2021
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …
Persistent link: https://www.econbiz.de/10013217557