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Cooperation or Collusion? Rents in Relational Contracts for Teams
Ishihara, Akifumi - 2019
observed individual signals should be aggregated to a commonly observed team signal …
Persistent link: https://www.econbiz.de/10012863568
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Peer evaluation : incentives and co-worker relations
Sol, Joeri - 2010
truthful. Still, the principal will always include such a bonus in the optimal contract, and possibly complement it with a team …
Persistent link: https://www.econbiz.de/10011380732
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Multi-rater performance evaluations and incentives
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024
We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and running a laboratory experiment. The model predicts that multi-rater evaluations are more precise than single-rater evaluations if groups rationally aggregate their signals about...
Persistent link: https://www.econbiz.de/10014552994
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Multi-rater performance evaluations and incentives
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024
We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and running a laboratory experiment. The model predicts that multi-rater evaluations are more precise than single-rater evaluations if groups rationally aggregate their signals about...
Persistent link: https://www.econbiz.de/10014493793
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Peer Evaluation : Incentives and Co-Worker Relations
Sol, Joeri - 2010
truthful. Still, the principal will always include such a bonus in the optimal contract, and possibly complement it with a team …
Persistent link: https://www.econbiz.de/10013142765
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Incentivizing team leaders : a firm-level experiment on subjective performance evaluation of leadership skills
Gall, Thomas; Hu, Xiaocheng; Vlassopoulos, Michael - 2023
In teamwork settings, providing effective leadership can be challenging for team leaders due to multitasking and the …, which can ultimately impede the productivity of the team. To address this problem, we conduct a field experiment at a … manufacturing firm, introducing a relative subjective performance evaluation of team leaders' leadership activities by their …
Persistent link: https://www.econbiz.de/10014278019
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Bonus and Malus in Principal-Agent Relations with Fixed Pay and Real Effort
Kirstein, Annette - 2008
Drawing on the proposer-responder game examined by Andreoni, Harbaugh, and Vesterlund (2003), I experimentally test four variations of a principal-agent relationship with fixed pay and real effort. Depending on the treatment, the principal can voluntarily, but at her own expense, (1) only reward...
Persistent link: https://www.econbiz.de/10012769841
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Variable payment schemes and productivity : do individual-based schemes really have a stronger influence than collective ones?
Jirjahn, Uwe; Mohrenweiser, Jens - 2023
While studies on individual-based and collective payment schemes are largely unconnected, there appears to be a widely held belief that individual-based schemes have a stronger influence on firm performance than collective ones. This also applies to an index of best management practices...
Persistent link: https://www.econbiz.de/10014310847
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Variable payment schemes and productivity : do individual-based schemes really have a stronger influence than collective ones?
Jirjahn, Uwe; Mohrenweiser, Jens - 2023
While studies on individual-based and collective payment schemes are largely unconnected, there appears to be a widely held belief that individual-based schemes have a stronger influence on firm performance than collective ones. This also applies to an index of best management practices...
Persistent link: https://www.econbiz.de/10014306872
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Academics Appreciate Awards - A New Aspect of Incentives in Research
Frey, Bruno S. - 2009
This paper analyzes awards as a means of motivation prevalent in the scientific community, but so far neglected in the economic literature on incentives, and discusses their relationship to monetary compensation. Awards are better suited than performance pay to reward scientific tasks, which are...
Persistent link: https://www.econbiz.de/10012765608