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under fixed wages and under financial incentives with a higher weight on the task measured with noise. I find that in the … concerns the interaction between financial incentives and perceived ability is always disordinal, which implies that low … ability agents exhibit less distorted behavior under any compensation contract. A higher explicit incentives weight on the …
Persistent link: https://www.econbiz.de/10013151173
tournaments and find that the total incentives of non-promoted executives (NPEs) are likely to decrease significantly at the end … incentives. This leads to an increase in turnover of NPEs as compared to a matched sample of control executives. Evidence … incentives to retain them. Moreover, firms that use a two-step CEO succession plan with an heir apparent are likely to experience …
Persistent link: https://www.econbiz.de/10012864757
incentives in a world of multiple information sources and several tasks …
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rents can be used to provide incentives. Preferences for reciprocity still affect the structure of an employment … interaction. Therefore, reciprocity-based and repeated-game incentives are dynamic substitutes, but complements at any given point …
Persistent link: https://www.econbiz.de/10012947453
This paper empirically studies the extent to which career concerns as part of a typical contract offer influence employees’ work performance in a Japanese auto dealership firm. Since career movements and base wage adjustments rely on performance evaluation over time, we develop a dynamic...
Persistent link: https://www.econbiz.de/10014344903
whether and how to regulate the use of this data. We study how new data affects incentives for agents to exert effort in …
Persistent link: https://www.econbiz.de/10014468080
This paper studies the optimal disclosure of information about an agent's talent when it consists of two components. The agent observes the first component of his talent as his private type, and reports it to a principal to perform a task which reveals the second component of his talent. Based...
Persistent link: https://www.econbiz.de/10015046363
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