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In this paper, we suggest that inefficiency may be an indirect, on-the-job compensation to agents in an organization. We show how to use actual production data to reveal the trade-offs between different inefficiencies (slacks). Moreover, we discuss how to use this to improve productivity...
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heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and …Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this …, personality traits, economic preferences and socioeconomic background matter. Algorithmic assignment of payment schemes could …
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system (EWS). That allows for analyzing the preferences of the involved politicians with regard to the two potential errors …
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system. It allows the preferences of the politicians involved to be analysed with regard to the two potential errors of an …
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