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employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …This paper experimentally investigates the impact of different pay and relative performance information policies on …
Persistent link: https://www.econbiz.de/10010268675
Technological progress is considered as a source of growth and productivity gains for national economies. Thus,understanding the factors that determine the diffusion of new technologies across african countries is important to understanding the process of economic development. And whereas,...
Persistent link: https://www.econbiz.de/10005006789
Information and communication technologies are one of the most pervasive technologies in the world, second only to …
Persistent link: https://www.econbiz.de/10005787174
-principal for information procurement processes. Applying the (μ,σ)-principal facilitates and enhances firm internal communication … information levels. …
Persistent link: https://www.econbiz.de/10010305427
In 2013, Stiftung Warentest tested hazelnut chocolate for their leading magazine, called Test. Stiftung Warentest is one of the most important consumer organizations in Germany. Ritter Sport is a high-quality producer of chocolate in Germany. Their hazelnut chocolate did not pass the test. It...
Persistent link: https://www.econbiz.de/10011335493
. We also study the informative role played by producers (lobbies) in revealing valuable information. We find that … producers reveal more information when the effects of harmful consumption on health are long lasting. Our results are robust to …
Persistent link: https://www.econbiz.de/10011608574
This paper develops a multi-period model, in which workers are matched with jobs according to imperfect educational signals and in which their subsequent productivities depend on both their inherent ability and on the quality of the job match. It outlines a sequential process, in which underpaid...
Persistent link: https://www.econbiz.de/10010261976
Politicians seeking reelection need voters to know what they have done for them. Thus, incentives may arise to spend more money where media coverage is higher. We present a simple model to explain the allocation of public spending across jurisdictions contingent on media activity. An incumbent...
Persistent link: https://www.econbiz.de/10010264514
This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health services. A large employer e-mailed individually-targeted health education encouraging high-value care to high-risk employees. Weeks before the program launched, a company...
Persistent link: https://www.econbiz.de/10012322650
Friedman (1962) suggested that in general, unfettered markets ensure the efficient provision of goods and services. Applying this logic to Education, he recommended that students be provided with vouchers and allowed to purchase schooling services in a free market ((Friedman (1955, 1962)). Hoxby...
Persistent link: https://www.econbiz.de/10010291369