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ECONIS (ZBW)
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1
Implicit contracts, incentive compatibility, and involuntary unemployment : thirty years on
MacLeod, William Bentley
;
Malcomson, James M.
-
2023
"Implicit Contracts, incentive compatibility, and involuntary unemployment" (MacLeod and Malcomson, 1989) remains our most highly cited work. We briefly review the development of this paper and of our subsequent related work, and conclude with reflections on the future of relational contract...
Persistent link: https://www.econbiz.de/10013500553
Saved in:
2
Differences in social preferences : are they profitable for the firm?
Küpper, Hans-Ulrich
;
Sandner, Kai
-
2008
This paper analyzes the impact of heterogeneous (social) preferences on the weighting and combination of performance measures as well as on a firm's profitability. We consider rivalry, egoism and altruism as extreme forms within the continuum of possible preferences and show that the principal...
Persistent link: https://www.econbiz.de/10010442170
Saved in:
3
Balancing performance measures when agents behave competitively in an environment with technological interdependencies
Sandner, Kai
-
2008
This paper addresses the question, what metrics should be used for performance evaluation and in particular how they should be weighted and combined in the presence of technological interdependencies when the agents exhibit variedly strong developed rivalry. We find that the principal reacts to...
Persistent link: https://www.econbiz.de/10010442171
Saved in:
4
The adverse consequences of tournaments : evidence from a field experiment
De Paola, Maria
;
Gioia, Francesca
;
Scoppa, Vincenzo
-
2016
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in which one part was awarded on the basis of their relative...
Persistent link: https://www.econbiz.de/10011455813
Saved in:
5
Performance measure congruity in linear agency models with interactive tasks
Budde, Jörg
-
2006
-
revised version, November 2006
This note demonstrates how performance measure congruity and noise determine an agency's total surplus within an linear agency framework with multiple tasks. It provides a decomposition of agency costs, leading back to a congruity index previously proposed in the literature. In addition, it...
Persistent link: https://www.econbiz.de/10010383032
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6
On the use of nonfinancial performance measures in management compensation
Sliwka, Dirk
-
2001
balanced scorecard. We give an explanation for both claims in a formal model. The
distortion
towards operational effort arises …
Persistent link: https://www.econbiz.de/10011539694
Saved in:
7
Multitasking and the benefits of objective performance measurement : evidence from a field experiment ; conference paper
Manthei, Kathrin
;
Sliwka, Dirk
-
2013
-
Preliminary version
We examine the benefits of objective performance measurement in a field experiment conducted in a retail bank. At the outset objective performance measures of pro fits in each branch were only available on the branch level and managers allocated bonuses to their employees based on subjective...
Persistent link: https://www.econbiz.de/10010338944
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8
Task-specific human capital and organizational inertia
Delfgaauw, Josse
;
Swank, Otto
-
2014
Employees' incentive to invest in their task proficiency depends on the likelihood that they will execute the same tasks in the future. Changes in tasks can be warranted as a result of technological progress and changes in firm strategy as well as from fine-tuning job design and from monitoring...
Persistent link: https://www.econbiz.de/10010255026
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9
Biased supervision
Delfgaauw, Josse
;
Souverijn, Michiel
-
2014
can combine incongruent performance measures with biased supervision, the
distortion
in the agent's efforts is mitigated …
Persistent link: https://www.econbiz.de/10010395075
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10
On the foundations of the property rights theory of the firm : cooperative investments and message-dependent contracts
Roider, Andreas
-
2000
-
This version: October 2000
The property-rights theory assumes that trade is non-contractible ex-ante and focusses exclusively on the allocation of property-rights. We derive foundations for this focus on property-rights by identifying scenarios where only one of the simple ownership structures is optimal even though trade...
Persistent link: https://www.econbiz.de/10011539180
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