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Standard economics models require that financial incentives improve performance, while leading theories in psychology …
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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 …
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To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single entrant has an endogenously higher probability of winning. Unlike the previous literature, we test for the presence of the superstar effect in several different contexts. Ultimately,...
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that show, in a very general setting, that the choice between work effort and leisure under given linear incentives depends …
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