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incentives schemes is not a relevant criterion for sorting decisions in our experiment. Finally, we find that cortisol levels are … performance - in particular, tournament incentives - induce more stress than schemes that are independent of performance - fixed … self-reported feelings of stress and primary appraisals. We find that tournament incentives induce a stress response …
Persistent link: https://www.econbiz.de/10014248989
Economic theory suggests that performance pay may serve as an effective screening device to attract productive agents. The existing evidence on the self-selection of agents is largely limited to job tasks where performance is driven by routine, well-defined procedures. This study presents...
Persistent link: https://www.econbiz.de/10010498559
determining contest choice. Complete sorting exists only when the proportion of high-ability contestants is sufficiently small. As … this proportion increases, high-ability contestants shy away from competition and sorting decreases, such that, reverse … sorting becomes a possibility. We test our theoretical predictions with a large panel data set containing contest choice over …
Persistent link: https://www.econbiz.de/10011446156
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. Subjects …, tournament, and revenue sharing) compared to the fixed payment scheme. This difference is largely driven by productivity sorting … the sorting decision in a systematic way. Moreover, self-reported effort is significantly higher in all variable pay …
Persistent link: https://www.econbiz.de/10009012616
Persistent link: https://www.econbiz.de/10012173064
performance - in particular, tournament incentives - induce more stress than schemes that are independent of performance - fixed … selfreported feelings of stress and primary appraisals. We find that tournament incentives induce a stress response whereas a fixed … subsequent choice between tournaments and fixed payment schemes, indicating that stress induced by incentives schemes is not a …
Persistent link: https://www.econbiz.de/10014233666
Persistent link: https://www.econbiz.de/10009722700
structures and incentives schemes. …
Persistent link: https://www.econbiz.de/10011308986
Previous research argues that law expresses social values and could, therefore, influence individual behavior independently of enforcement and penalization. Using three laboratory experiments on tax avoidance and evasion, we study how legality affects individuals' decisions. We find that,...
Persistent link: https://www.econbiz.de/10011309492
Previous research argues that law expresses social values and could, therefore, influence individual behavior independently of enforcement and penalization. Using three laboratory experiments on tax avoidance and evasion, we study how legality affects individuals' decisions. We find that,...
Persistent link: https://www.econbiz.de/10011346301