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Rank-order tournaments are usually modeled simultaneously. However, real tournaments are often sequentially. We show that agents' strategic behavior significantly differs in sequential tournaments compared to simultaneous tournaments. In a sequential tournament, under certain conditions the...
Persistent link: https://www.econbiz.de/10005703782
work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they … also allow for variations in incentives in one work period, in order to analyze spillover effects to the work periods … experimental data. A short-term increase in incentives in one period should lead to higher effort in that period, and, due to …
Persistent link: https://www.econbiz.de/10011976073
This article uses a new and detailed survey of cigar-making employers and employees to investigate male and female wage growth in the late nineteenth century. Swedish cigar workers in 1898 did not have careers like workers today do; instead, labor markets were more flexible, and workers were not...
Persistent link: https://www.econbiz.de/10010818769
work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they … also allow for variations in incentives in one work period, in order to analyze spillover effects to the work periods … experimental data. A short-term increase in incentives in one period should lead to higher effort in that period, and, due to …
Persistent link: https://www.econbiz.de/10011985278
anonymity principle. Incentives do matter regarding the crowding effect toward users. …
Persistent link: https://www.econbiz.de/10010276426
performance incentive schemes such as profit-sharing or team incentives. The appropriate approach depends on each company's unique …
Persistent link: https://www.econbiz.de/10012510503
Group-based incentive pay is attractive in contexts where production is complex and interdependent, yet freeriding is a paramount concern. We assess the introduction of group-based performance pay in a modern industrial production setting using difference-in-difference estimation. Performance...
Persistent link: https://www.econbiz.de/10012804137
anonymity principle. Incentives do matter regarding the crowding effect toward users …
Persistent link: https://www.econbiz.de/10013318907
competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a … sequence of equally incentivized contests. Our results suggest that a short-term increase in incentives induces a behavioral …
Persistent link: https://www.econbiz.de/10011895040
incentives for university professors. However, even before the reform, publication records of university German professors showed … heterogeneity distinguishing junior academics and professors. We analyze the effects of selected reform elements on the incentives …
Persistent link: https://www.econbiz.de/10008740455