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previous research, we have shown that financial incentives can be used to find a way out of such performance traps. Here we … either start with low financial incentives for coordination, which typically leads to coordination failure, and then are … switched to higher incentives or start with high incentives, which typically yield effective coordination, and are switched to …
Persistent link: https://www.econbiz.de/10005168457
This paper, based on a study of mid-sized firms in the Czech Republic, Hungary, and Poland, seeks to explain the reasons behind the marked impact of ownership on firm performance which has been observed in a number of studies in Eastern Europe and other parts of the world. Focusing in particular...
Persistent link: https://www.econbiz.de/10005168658
The artificial context "Target the Two" has been used in experiments to explore some of the features of routinization and learning. Two agents must learn to coordinate their actions to achieve a common goal, without being allowed to use verbal communication. This article reports an experiment,...
Persistent link: https://www.econbiz.de/10005169495
focus on its primary task of recommending transfers to serve the objective of equity and incentives. While it is required to …
Persistent link: https://www.econbiz.de/10005170196
The paper compares behavior in economic dictator game experiments played with actual money (amounts given by "dictator" subjects) with behavior in hypothetical dictator game experiments where subjects indicate what they would give, although no money is actually exchanged. The average amounts...
Persistent link: https://www.econbiz.de/10005176375
The paper experimentally investigates the interactions between restrictions to personal autonomy and reciprocity in a Principal-Agent relationship. Previous experimental contributions have shown that actions aimed at restricting decisional autonomy are likely to reduce reciprocity in trust-...
Persistent link: https://www.econbiz.de/10005177039
solidarité active, which will improve the beneficiaries'incentives to work. While some have claimed that the reform should lower …
Persistent link: https://www.econbiz.de/10005041790
This paper focuses on the coalitional approach to sequential trading processes. We study the allocation of resources through sequential trading, when individuals have the option to form coalitions and make group decisions. We introduce a new core concept, called the two stage core, which is...
Persistent link: https://www.econbiz.de/10005043103
This study focuses on the incentives and risk-taking behavior of large shareholders in Thailand before and after the … direct control structure benefits the firms. Overall, the results indicate that ownership-based incentives are an effective …
Persistent link: https://www.econbiz.de/10005045204
Many corporations reward their outside directors with a modest fee for each board meeting they attend. Using two non-overlapping data sets on director attendance behavior, we provide robust evidence that directors are less likely to have attendance problems at board meetings when board meeting...
Persistent link: https://www.econbiz.de/10005045206