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assumption, which we relax. We find that, although monetary incentives are effective also with sociallyattentive agents, the … monetary incentives. We also show that the principal benefits from having a socially-attentive agent and how she optimally …
Persistent link: https://www.econbiz.de/10012268393
The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate economic outcomes. We investigate how different manifestations of other-regarding preferences affect incentive contracts at the microeconomic level and how these in turn translate into...
Persistent link: https://www.econbiz.de/10012421506
An increasing number of workers participate in online labor markets. In contrast to traditional employment relationships within firms, the interaction between online workers and their employers are short and impersonal, which makes motivating online workers more challenging. We present results...
Persistent link: https://www.econbiz.de/10012426960
This paper investigates how negotiations between employers and employees respond to exogenous and endogenous wage transparency. In a treatment with exogenous wage transparency, employers' offers increase significantly compared to the case when offers are private information. Moreover, the share...
Persistent link: https://www.econbiz.de/10012287528
Do politico-economic systems influence how control affects motivation? We hypothesize that control aversion, meaning crowding-out of intrinsic motivation due to enforcement, has evolved less under the coercive regime of East Germany than under the liberal regime of West Germany. We test this...
Persistent link: https://www.econbiz.de/10012312305
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The role of electoral incentives vs. selection is ideally analyzed in a setting where the same legislators are selected … preferences for policies, party loyalty, and interest group affiliations. The evidence suggests that electoral incentives explain …
Persistent link: https://www.econbiz.de/10012286323