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When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10003379118
designs, such as advocacy or specialization, overcome restricted implementability, and formalizes a wide-spread type of multi-tasking …
Persistent link: https://www.econbiz.de/10008758145
We study the incentive effects of grating supervisors access to objective performance information when agents work on multiple tasks. We first analyze a formal model showing that incentives are lower powered when supervisors have no access to objective measures but assess performance...
Persistent link: https://www.econbiz.de/10011871952
, such as advocacy or specialization, overcome restricted implementability, and formalizes a widespread type of multi-tasking … problem. -- moral hazard ; hidden action ; implementation ; multi-tasking ; identification by organization design …
Persistent link: https://www.econbiz.de/10009303451
This article explores a dynamic moral hazard setting in which a principal hires a team of agents for a project. As the project generates revenue upon completion, the principal incentivizes agents' efforts by designing bonuses for success. If bonuses are provided through spot or...
Persistent link: https://www.econbiz.de/10014353011
screening depends on the nature of production. In establishments with increased multitasking, performance pay is associated with … a greater intensity of applicant screening. In establishments without increased multitasking, it is associated with a …
Persistent link: https://www.econbiz.de/10011348846
applicant screening depends on the nature of production. In establishments with increased multitasking, performance pay is … positively associated with applicant screening. By contrast, in establishments without increased multitasking, performance pay is …
Persistent link: https://www.econbiz.de/10011631541
applicant screening depends on the nature of production. In establishments with increased multitasking, performance pay is … positively associated with applicant screening. By contrast, in establishments without increased multitasking, performance pay is …
Persistent link: https://www.econbiz.de/10012111779
Persistent link: https://www.econbiz.de/10003323166
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10013317592