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Several economists have directed our attention to a finding in the social psychological literature that extrinsic motivation may undermine intrinsic motivation. The self-perception (SP) theory developed by Bem (1972) explains this finding. The crux of this theory is that people remember their...
Persistent link: https://www.econbiz.de/10011257080
When verifiable performance measures are imperfect, organizations often resort to subjective performance pay. This may give supervisors the power to direct employees towards tasks that mainly benefit the supervisor rather than the organization. We cast a principal-supervisor-agent model in a...
Persistent link: https://www.econbiz.de/10011257408
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10011257452
This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...
Persistent link: https://www.econbiz.de/10011257489
This discussion paper resulted in a publication in 'Economica', 2008, 75(300), pages 782-796.<P> Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials...</p>
Persistent link: https://www.econbiz.de/10011257586
Terrorist movements and suicide terrorists can be found in different societies and among many religions. History is full with examples. Martyrdom is a phenomenon known from early Christhood as a survival strategy against the oppressive Roman state power as well as today’s holy warriors with...
Persistent link: https://www.econbiz.de/10011257841
Foreign aid critics, supporters, recipients, and donors have produced eloquent rhetoric on the need for better aid practices— has this translated into reality? This paper attempts to monitor the best and worst of aid practices among bilateral, multilateral, and UN agencies. We create aid...
Persistent link: https://www.econbiz.de/10011258313
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we … mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer …
Persistent link: https://www.econbiz.de/10008854767
This paper examines the incentives from stock options for loss-averse employees subject to probability weighting … incentives are maximized for strike prices set around the stock price at inception. This finding is consistent with companies … examines the relationship between risk taking incentives and stock options and finds that an executive who is subject to …
Persistent link: https://www.econbiz.de/10010891141
This paper examines the incentives from stock options for loss-averse employees subject to probability weighting … incentives are maximized for strike prices set around the stock price at inception. This finding is consistent with companies … examines the relationship between risk taking incentives and stock options and finds that an executive who is subject to …
Persistent link: https://www.econbiz.de/10010891143