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performance of the treatment stores. As predicted by theory, treatment stores that lag far behind do not respond to the incentives …
Persistent link: https://www.econbiz.de/10011382591
in a simple model that the perceived degree of past differentiation affects future incentives. We then study the impact …
Persistent link: https://www.econbiz.de/10013118767
We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …
Persistent link: https://www.econbiz.de/10013120402
We investigate whether social capital influences the use and effectiveness of tournament structure of compensation. We find that pay differentials between the CEO and other executives, or tournament, are lower in U.S. counties with higher social capital. In addition, lower pay differentials are...
Persistent link: https://www.econbiz.de/10012840326
This paper seeks to explore how an agent's incentives to perform influences her performance. We analyze this question … show that the relationship between the incentives to perform and the expected performance could be negative. The paper thus … offers a novel, non-behavioral explanation for the failure of incentives …
Persistent link: https://www.econbiz.de/10012865018
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …
Persistent link: https://www.econbiz.de/10013217557
workers can learn from each other's experience, incentives for innovation fundamentally differ from incentives for routine … activities. Optimal incentives for routine activities take the form of standard pay-for-performance where only individual success … workers with a combination of long-term individual and group incentives for joint success. This result is in line with the …
Persistent link: https://www.econbiz.de/10013240024
high-powered incentives; otherwise, bonuses perform better …
Persistent link: https://www.econbiz.de/10013247162
incentives based on measurable worker characteristics. To do so, we ran two large-scale experiments. The key results are that (i …
Persistent link: https://www.econbiz.de/10013292419
Recent behavioral models argue in favor of avoidance of instrumental information. We explore the role of information avoidance in a real-effort setting. Our experiment offers three main results. First, we confirm that preferences for avoidance of instrumental information exist, studying...
Persistent link: https://www.econbiz.de/10011751477