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incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are … the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less likely to offer explicit …
Persistent link: https://www.econbiz.de/10010273743
the provision of incentives. Unlike previouspapers, we use a direct measure of seniority-based pay as well as measures of … monitoringdevices and piece-rates. We find that firms that offer seniority-based pay are less likely tooffer explicit incentives. They … are also less likely to invest in monitoring devices. We alsofind that firms that offer seniority-based pay are more …
Persistent link: https://www.econbiz.de/10005016904
incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are … the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less likely to offer explicit …
Persistent link: https://www.econbiz.de/10005822035
incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are … the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less likely to offer explicit …
Persistent link: https://www.econbiz.de/10010745067
incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are … the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less likely to offer explicit …
Persistent link: https://www.econbiz.de/10010851485
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards...
Persistent link: https://www.econbiz.de/10010315721
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards...
Persistent link: https://www.econbiz.de/10011514018
incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are … the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … monitoring devices and piece-rates. We find that firms that offer seniority-based pay are less likely to offer explicit …
Persistent link: https://www.econbiz.de/10013319025
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards...
Persistent link: https://www.econbiz.de/10005766116
Using German establishment data, this study finds that the share of blue-collar workers, an outdated production technology and a high-wage policy increase the probability that employers regard the threat of dismissal as a suitable incentive. A participatory HRM policy, the incidence of a works...
Persistent link: https://www.econbiz.de/10010529905