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Cultural Diversity, Status Concerns and the Organization of Work
Hvide, Hans K.; Fershtman, Chaim; Weiss, Yoram - 2005
workers with status concerns will have more high-powered incentives, work more and earn more than workers who do not care …
Persistent link: https://www.econbiz.de/10014035995
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Cultural norms and financial incentives : a model of how to fund Universities
Gunnes, Trude - In: Review of economics and institutions 12 (2020) 1, pp. 1-33
Persistent link: https://www.econbiz.de/10013162447
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Hierarchical structures and dynamic incentives
Shin, Dongsoo; Strausz, Roland - 2010
We study the optimal hierarchical structure of an organization under limited commitment. The organization cannot make a long term commitment to wages and output levels, while it can commit to its hierarchical structure. We show that the optimal hierarchical structure is horizontal when it is...
Persistent link: https://www.econbiz.de/10003953962
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Incentives to motivate
Kvaløy, Ola; Schöttner, Anja - 2014
reduce the effort costs of a worker, and analyze the optimal combination of motivational effort and monetary incentives. We … conditions under which monetary incentives and motivational effort are substitutes or complements, and show that motivational …
Persistent link: https://www.econbiz.de/10010250173
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The Role of Intrinsic Incentives and Corporate Culture in Motivating Innovation
Byun, Seong K. - 2020
's prospects are ambiguous, the use of extrinsic, high-powered incentives can lead the agent's beliefs about the project's outcome … alleviated for firms in which agents have strong intrinsic incentives to adhere to firms' goals and missions. In equilibrium …, extrinsic and intrinsic incentives are complementary, and firms that face greater uncertainty invest more in fostering intrinsic …
Persistent link: https://www.econbiz.de/10012851255
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Incentives to Motivate
Kvaloy, Ola - 2014
reduce the effort costs of a worker, and analyze the optimal combination of motivational effort and monetary incentives. We … conditions under which monetary incentives and motivational effort are substitutes or complements, and show that motivational …
Persistent link: https://www.econbiz.de/10013057261
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Ceding control : an experimental analysis of participatory management
Mellizo, Philip; Carpenter, Jeffrey P.; Matthews, Peter Hans - 2017
We use an experiment to evaluate the effects of participatory management on firm performance. Participants are randomly assigned roles as managers or workers in firms that generate output via real effort. To identify the causal effect of participation on effort, workers are exogenously assigned...
Persistent link: https://www.econbiz.de/10011613160
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Bread and bullets
Akerlof, George A.; Snower, Dennis J. - 2016
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011422534
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Bread and bullets
Akerlof, George A.; Snower, Dennis J. - 2016
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011452045
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Bread and bullets
Akerlof, George A.; Snower, Dennis J. - 2016
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011413959