This paper estimates the determinants of incentive schemes. Using Australian data, we analyze a relatively large variety of incentive systems (i.e., individual piece rates, workgroup performance bonuses, workplace level systems and profit sharing) using both the new economics of personnel and...

We are the first to confirm that sufficient cost convexity in a Stackelberg model generates profitable mergers between two leaders and between two followers. Moreover, the degree of convexity required for leaders to merge is generally far smaller than that required for followers. Most...

The Service Contract Act of 1965 is one of three major laws requiring that "prevailing wages" be paid by private employers with federal contracts. This paper develops a preliminary cost-benefit framework for evaluating that Act. On the benefit side, the authors identify and analyze eight...

This paper posits that the provision of family friendly practices is, on balance, costly to firms and valuable to workers. As a consequence, we anticipate the emergence of a hedonic equilibrium in which workers provided with such practices face an implicit reduction in their earnings. Using...

As urban school systems continue to fail large segments of the school-age population, there has been an increasing concern with accountability. A major question has been: Can teachers be held accountable for the academic achievement of students? This article describes an empirical test of a...

Despite large separate literatures, the influence of establishment (plant) and firm size on wages has not been combined with estimation of public wage differentials. We find that doing so alters the estimated public differentials at each level of government. Federal workers in particular appear...

A decline in pension coverage during the 1980s for males in the private sector is confirmed and is contrasted with the federal, state, and local sectors in which no such decline is found. As a consequence, the governmental advantage in the probability of coverage grew over the 1980s. This...

This article examines the Reagan Administration proposal to improve the competitiveness of domestic industries in world markets by altering current United States antitrust laws. We argue that the proposal harms efforts to enforce meaningful antitrust statutes while simultaneously bringing no...

This paper models the behavior of team members in a consistent conjectures equilibrium. When subject to scale economies, team members produce more than Nash and when subject to scale diseconomies, they produce less than Nash. Moreover, even when effort levels of team members are perfect...