Showing 1 - 10 of 342
Firm surveys have shown that labour management in developing countries is often problematic. Earlier experimental research (Davies & Fafchamps, 2017) has shown that managers in Ghana are reluctant to use monetary incentives to motivate workers. This paper presents the results from a...
Persistent link: https://www.econbiz.de/10011607573
This paper studies technology adoption in a cluster of soccer-ball producers in Sialkot, Pakistan. We invented a new cutting technology that reduces waste of the primary raw material and gave the technology to a random subset of producers. Despite the arguably unambiguous net benefits of the...
Persistent link: https://www.econbiz.de/10011307885
Performance contracts (PCs) - contracts signed between the government and state enterprise managers - have been used widely in developing countries. China's experience with such contracts was one of the largest experiments with contracting in the public sector, affecting hundreds of thousands of...
Persistent link: https://www.econbiz.de/10012761938
This paper studies technology adoption in a cluster of soccer-ball producers in Sialkot, Pakistan. We invented a new cutting technology that reduces waste of the primary raw material and gave the technology to a random subset of producers. Despite the arguably unambiguous net benefits of the...
Persistent link: https://www.econbiz.de/10013016271
Performance contracts (PCs) -- contracts signed between the government and state enterprise managers -- have been used widely in developing countries. China's expertise with such contracts was one of the largest experiments with contracting in the public sector, affecting hundreds of thousands...
Persistent link: https://www.econbiz.de/10014141103
This paper invesigates the optimal compensation scheme for workers in a team who value not only absolute but also relative incomes. A worker is said to be more ambitious if his utility places more weight on relative income. In this case the firm can exploit the worker's preference for relative...
Persistent link: https://www.econbiz.de/10014061215
The article proposes a research program to compare game forms in terms of their ability to govern ex post adjustments to ex ante contracts. The comparisons can be based on direct implementation-costs or the extent to which desirable adjustments are not implemented. In several examples of the...
Persistent link: https://www.econbiz.de/10014031253
We explore the interaction between the allocation of decision rights over investment opportunities and the design of incentive contracts to induce unobservable effort in a multiagent, multitasking agency framework. These are linked in our model because the only available performance measures...
Persistent link: https://www.econbiz.de/10014036032
We explore the interaction between the allocation of decision rights over investment opportunities and the design of incentive contracts to induce unobservable effort in a multiagent, multitasking agency framework. These are linked in our model because the only available performance measures...
Persistent link: https://www.econbiz.de/10014036349
Considering a principal-agent model in which the difficulty of the agent's action is better known ex interim than ex ante, we compare two contracting regimes; one with commitment to an ex ante negotiated contract, and one with an ex interim negotiated contract. The ex ante contract can not have...
Persistent link: https://www.econbiz.de/10014029266