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contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …
Persistent link: https://www.econbiz.de/10003863658
contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …
Persistent link: https://www.econbiz.de/10003854042
contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …
Persistent link: https://www.econbiz.de/10013158119
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort … provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production … experiments using purely induced values. We conclude that the ballcatching task combines the advantages of real effort with …
Persistent link: https://www.econbiz.de/10010518803
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort … provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production … experiments using purely induced values. We conclude that the ball-catching task combines the advantages of real effort with …
Persistent link: https://www.econbiz.de/10010528809
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort … provision are remarkably accurate. We also present experimental findings from three classic experiments, namely, team production … experiments using purely induced values. We conclude that the ball-catching task combines the advantages of real effort with …
Persistent link: https://www.econbiz.de/10010530634
Tax Liability Side Equivalence (tax LSE) claims that the statutory incidence of a tax is irrelevant for its economic incidence. In gift-exchange labor markets, firms provide a gift to workers by paying high wages, and workers reciprocate by providing high efforts. Tax LSE is theoretically...
Persistent link: https://www.econbiz.de/10011333878
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 … the theoretical benchmark with behavior observed in a one-shot experiment. …
Persistent link: https://www.econbiz.de/10011997551
intent, that can cause incentives to fail. Using an experiment that provides the material circumstances necessary for …
Persistent link: https://www.econbiz.de/10009771729
laboratory experiment in which the choice of the job characteristics (i.e., the mission) is part of the compensation package that …
Persistent link: https://www.econbiz.de/10010414760