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rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to …Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded … cause large shifts in behavior. Our results illustrate important implications of complexity for designing and regulating …
Persistent link: https://www.econbiz.de/10014311541
rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to …Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded … cause large shifts in behavior. Our results illustrate important implications of complexity for designing and regulating …
Persistent link: https://www.econbiz.de/10014309731
Standard economics models require that financial incentives improve performance, while leading theories in psychology …
Persistent link: https://www.econbiz.de/10013449451
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consultants have on the composition and complexity of CEO pay plans; notably, this impact fully mediates the consultant-CEO pay … increasing the impact of composition and complexity on CEO pay beyond the premium the CEO would demand for bearing additional …
Persistent link: https://www.econbiz.de/10011901860
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