the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …

the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … analysed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …

Managers frequently offer unconditional bonuses and profit-sharing payments to their employees. The isolated effects of … satisfaction when wages contain such bonuses, mostly regardless of their relative size. Conversely, profit-sharing payments show a … incentives in enhancing employee's job satisfaction. …