We use data from the 24-hours Belluno run which has the unique characteristic that participants are affiliated with teams and run for an hour. This allows us not only to study the individual relationship between age and performance but also to study group dynamics in terms of accessions to and...

The present study investigates the role of work motivation in explaining older workers wage demands. Relying on Expectancy-Value Theory and Self-Determination Theory we identify aspects of the quantity (the overall valence attached to working and expectations concerning the feasibility of...

A company needs employees working towards its goals for its success. Employees should also have a desire to remain in the company. Such commitment comes from motivation. Motivation has a direct effect on performance. Motivation is of two types - intrinsic and extrinsic. Intrinsic motivation...

Social incentives like employee awards are widespread in the corporate sector and may be important instruments for solving agency problems. To date, we have little understanding of their effect on behavior. Unique panel data from the call center of a Fortune 500 financial services provider allow...

In many workplaces co-workers have the best information about each other's effort. Managers may attempt to exploit this information through peer evaluation. I study peer evaluation in a pure moral hazard model of production by two limitedly liable agents. Agents receive a signal about their...

Propositions about the impact cognitive processes have on entrepreneurial effort across different tasks are developed. These propositions draw on self-regulatory theory, in particular our understanding of regulatory focus and self-efficacy. It is argued that a promotion orientation motivates...

We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....

We provide evidence on how two important types of institutions - dismissal barriers, and bonus pay - affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...