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This paper empirically analyzes how performance feedback and information on heterogeneity affect behavior in dynamic … on heterogeneity and performance feedback reveals that the output reducing effect of being ahead is entirely driven by …
Persistent link: https://www.econbiz.de/10010487265
We study the differences in behavior of males and females in a two-player tournament with sabotage in a controlled lab experiment. Implementing a real-effort design and a principal who is paid based on the agent s output, we find that males and females do not differ in their achievements in the...
Persistent link: https://www.econbiz.de/10010342814
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a … dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition …
Persistent link: https://www.econbiz.de/10010485338
Recent laboratory evidence suggests that employees who have the extraordinary right to self-determine their wages perform better. By conducting a natural field experiment, we aim to test whether this policy actually has the predicted positive effects in a real-labor market. Employees were hired...
Persistent link: https://www.econbiz.de/10010486690
-stage elimination contests. A format with a single prize is shown to maximize total effort over both stages, but induces low effort in …
Persistent link: https://www.econbiz.de/10010340562
When a key responsibility of a manager is to allocate more or less attractive tasks to subordinates, these subordinates have an incentive to work hard and demonstrate their talents. As a new manager is less well acquainted with these talents this incentive mechanism is reinvigorated after a...
Persistent link: https://www.econbiz.de/10010341152
Persistent link: https://www.econbiz.de/10009775059
This paper analyzes intertemporal effort provision in two-stage tournaments. A principal with a fixed budget for prizes faces two risk-neutral agents. He observes noisy signals of effort in both periods. His goal is to maximize either total efforts (perfect substitutes) or the product of first-...
Persistent link: https://www.econbiz.de/10010338948
Persistent link: https://www.econbiz.de/10008655660
We analyze the effects of wage floors on optimal job design in a moral-hazard model with asymmetric tasks and imperfect aggregate performance measurement. Due to cost advantages of specialization, assigning the tasks to different agents is efficient. A sufficiently high wage floor, however,...
Persistent link: https://www.econbiz.de/10010339385