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We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker …
Persistent link: https://www.econbiz.de/10013147137
pay for the principal to only rely on the reciprocity of his agents. …
Persistent link: https://www.econbiz.de/10010489889
predict that the design and implementation of a performance measurement and compensation system affect the motivation of … compensation system and extrinsic motivation. Intrinsic motivation is not affected by the design of monetary compensation, but by …
Persistent link: https://www.econbiz.de/10011333892
Persistent link: https://www.econbiz.de/10012420605
curbs sabotage due to agreements on flat prize structures and increased output. -- Sabotage ; tournament ; reciprocity …
Persistent link: https://www.econbiz.de/10003859419
agency problems in the allocation of effort and may create retention problems …
Persistent link: https://www.econbiz.de/10013064773
literature by showing that relative incentive compensation (incentive pay per dollar of fixed salary) is a viable surrogate for …
Persistent link: https://www.econbiz.de/10013006447
theoretical insights emerge both on the equilibrium wage structure and the incentive problem faced by workers and firms. Since …-term contracts are converted into open-ended contracts is itself an incentive device which acts as a substitute for the wage. It … positions to survive in order to sustain the wage incentive structure …
Persistent link: https://www.econbiz.de/10013057255
We provide evidence that CEO equity incentives, especially stock options, influence stock liquidity risk via information disclosure quality. We document a negative association between CEO options and the quality of future managerial disclosure policy. Contributing to the literature on CEO...
Persistent link: https://www.econbiz.de/10011963233
We study how help can be fostered by means of a team bonus in the presence of rank-order tournaments. In a simple model we combine elements of relative rewards and a team bonus and study their effect on effort, help and sabotage. Quite intuitively the theoretical analysis suggests that team...
Persistent link: https://www.econbiz.de/10011997551