Showing 1 - 10 of 12,911
Persistent link: https://www.econbiz.de/10011526998
Persistent link: https://www.econbiz.de/10001379888
Persistent link: https://www.econbiz.de/10010221898
Moral hazard is endemic to employment relationships and firms often use performance pay and managerial control to address this problem. While performance pay has received much empirical attention, managerial control has not. We analyze data from a managerial-control field experiment in which an...
Persistent link: https://www.econbiz.de/10013072870
Moral hazard is endemic to employment relationships and firms often use performance pay and managerial control to address this problem. While performance pay has received much empirical attention, managerial control has not. We analyze data from a managerial-control field experiment in which an...
Persistent link: https://www.econbiz.de/10012459017
introduce bias that erodes inspection quality by altering inspector stringency. Our analysis of thousands of food safety … inspections reveals that inspectors are affected by the inspection outcomes at their prior inspected establishment (outcome …, consistent with negativity bias, the effect is stronger after observing compliance deterioration than improvement. Inspection …
Persistent link: https://www.econbiz.de/10011901483
Consider a principal-agent relationship in which more effort by the agent raises the likelihood of success. Does rewarding success, i.e., paying a bonus, increase effort in this case? I find that bonuses have not only an incentive but also an income effect. Overall, bonuses paid for success may...
Persistent link: https://www.econbiz.de/10003592884
Persistent link: https://www.econbiz.de/10009570976
Persistent link: https://www.econbiz.de/10009501120