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incentives and high motivation. By analyzing the performance of professional football players on a well-defined task, namely to …High rewards or the threat of severe punishment do not only provide incentives to exert high levels of effort but also …". -- chocking under pressure ; paradoxical performance effects of incentives ; social pressure …
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incentives and high motivation. By analyzing the performance of professional football players on a well-defined task, namely to …High rewards or the threat of severe punishment do not only provide incentives to exert high levels of effort but also …
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This paper incorporates the sociological concept of group norms' into an economic analysis of pay systems. We use a behavioral microeconomic model and a unique survey of medical groups to examine the theoretical and empirical relationship between group norms and incentive pay. Our findings...
Persistent link: https://www.econbiz.de/10013234345
When working together, people engage in non-contractual and informal interactions that constitute the sociology of the group. We use behavioral models and a unique survey of medical groups to analyze how group sociology influences physician incentive pay and behavior. We conclude that informal...
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