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Using simple game-theoretical models, this paper studies the role of pre-determined rules for HRM policies. We consider … a model in which HRM decisions affect employees' self-images and thereby their motivation. We show that in the absence … of written rules, managers are too reluctant (1) to differentiate between employees on the basis of their abilities, and …
Persistent link: https://www.econbiz.de/10010325637
Using simple game-theoretical models, this paper studies the role of pre-determined rules for HRM policies. We consider … a model in which HRM decisions affect employees' self-images and thereby their motivation. We show that in the absence … of written rules, managers are too reluctant (1) to differentiate between employees on the basis of their abilities, and …
Persistent link: https://www.econbiz.de/10011255571
Using simple game-theoretical models, this paper studies the role of pre-determined rules for HRM policies. We consider … a model in which HRM decisions affect employees' self-images and thereby their motivation. We show that in the absence … of written rules, managers are too reluctant (1) to differentiate between employees on the basis of their abilities, and …
Persistent link: https://www.econbiz.de/10008838653
We provide a new rationale for the use of discretionary bonuses. In a setting with unknown match qualities between a worker and a firm and subjective evaluations by the principal, bonuses are useful in order to make the feedback from the firm to the workers credible. This way workers in good...
Persistent link: https://www.econbiz.de/10010221557
We study a model of cheap talk with one substantive assumption: The sender's preferences are state independent. Our main observation is that such a sender gains credibility by degrading self-serving information. Using this observation, we examine the sender's benefits from communication, assess...
Persistent link: https://www.econbiz.de/10012854470
We are investigating the relationship between individual and job-related characteristics and the motivation of …,000 temporary agency workers, a subjective motivation appraisal is provided by the respective direct manager within the hiring … motivation of temporary agency workers. Women in temporary agency work demonstrate a higher degree of motivation than men …
Persistent link: https://www.econbiz.de/10011776038
This paper examines the phenomenon of management-initiated, court-supervised reorganization of companies in U.S. bankruptcy court. The proposed in-court persuasion mechanism reconciles excessive reorganizations of non-viable companies (and subsequent repeat failures) with management-initiated...
Persistent link: https://www.econbiz.de/10011779720
one of two experts and time inputs from both experts. Experts enjoy motivation utilities from production, but have private … information of their own motivation preferences and project potentials. Technology and time-input choices are experts' private …
Persistent link: https://www.econbiz.de/10012933224
, i.e. they have heterogeneous unobservable intrinsic motivation levels. I derive the optimal mechanism (allocation rule …
Persistent link: https://www.econbiz.de/10010359776
agents have unobservable intrinsic motivation levels. I show that the non-contractibility of effort (asymmetric information …
Persistent link: https://www.econbiz.de/10011561184