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also suggest that the sorting effect of incentives in the previous companies impact cooperation and efficiency after the … with managers from companies with different incentives, work habits, and recruiting methods. In this paper, we investigate …, which occur in both compensation incentives and team composition. The results of a real task experiment conducted with …
Persistent link: https://www.econbiz.de/10009208880
Money matters, but is that all? This column presents evidence that social incentives can boost productivity in sectors …
Persistent link: https://www.econbiz.de/10010904942
According to most simple agency models only the performance dependent part of the compensation drives the agent's effort decision. However, we show that this is not necessarily the case for reference dependent and loss averse agents. Based on Pokorny (2008) we firstly analyze the impact of the...
Persistent link: https://www.econbiz.de/10011307007
Ein typisches Ergebnis einfacher Prinzipal-Agent-Modelle ist, dass die Arbeitsanstrengung des Agenten lediglich vom leistungsabhängigen Teil der Vergütung getrieben wird. In dieser Arbeit wird gezeigt, dass dies nicht notwendigerweise gilt, wenn Agenten referenzpunktabhängige Präferenzen und...
Persistent link: https://www.econbiz.de/10010386873
According to most simple agency models only the performance dependent part of the compensation drives the agent’s effort decision. However, we show that this is not necessarily the case for reference dependent and loss averse agents. Based on Pokorny (2008) we firstly analyze the impact of the...
Persistent link: https://www.econbiz.de/10010712432
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