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Transparency and Reciprocal Behavior in Employment Relations
Irlenbusch, Bernd; Sliwka, Dirk - 2021
experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals …
Persistent link: https://www.econbiz.de/10013319706
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Performance measurement, expectancy and agency theory : an experimental study
Sloof, Randolph; Praag, Mirjam van - 2006
noise in the performance measure. In contrast, expectancy theory as developed by psychologists predicts lower effort levels … for noisier performance measures. We conduct a real effort laboratory experiment and find that effort levels are invariant …
Persistent link: https://www.econbiz.de/10011343251
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Feedback in tournaments under commitment problems : theory and experimental evidence
Gürtler, Oliver; Harbring, Christine - 2007
In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that in equilibrium the principal reveals in-termediate...
Persistent link: https://www.econbiz.de/10010365864
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Incentive magnitude effects in experimental games : bigger is not necessarily better
Pulford, Briony D.; Colman, Andrew M.; Loomes, Graham - In: Games 9 (2018) 1/4, pp. 1-10
In experimental games, task-related incentives are payments to experimental subjects that vary according to their strategy choices and the consequent outcomes of the games. Limited evidence exists regarding incentive magnitude effects in experimental games. We examined one-off strategy choices...
Persistent link: https://www.econbiz.de/10011848336
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Does Bonus Cap Curb Risk Taking? An Experimental Study of Relative Performance Pay and Bonus Regulation
Harris, Qun - 2020
We conducted a lab experiment with 253 participants to examine how constraints on bonus akin to bonus regulations, such …
Persistent link: https://www.econbiz.de/10012825335
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The Effect of Noise in a Performance Measure on Work Motivation : A Real Effort Laboratory Experiment
Sloof, Randolph - 2014
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured … than in the stable environment. This finding is in line with standard agency theory and contrasts a distinct element of … expectancy theory; noisier performance measures do not lower work motivation …
Persistent link: https://www.econbiz.de/10012708784
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Feedback in Tournaments Under Commitment Problems : Theory and Experimental Evidence
Gürtler, Oliver; Harbring, Christine - 2021
In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that in equilibrium the principal reveals intermediate...
Persistent link: https://www.econbiz.de/10013316760
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Feedback and Incentives : Experimental Evidence
Eriksson, Tor; Poulsen, Anders; Villeval, Marie Claire - 2011
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10014218453
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Risk Aversion and Effort in an Incentive Pay Scheme with Multiplicative Noise : Theory and Experimental Evidence
Zubanov, Nick - 2012
experiment involving 85 student participants support both these predictions. Implications of the model and empirical findings to …
Persistent link: https://www.econbiz.de/10014041190
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Feedback and Incentives : Experimental Evidence
Eriksson, Tor; Poulsen, Anders; Villeval, Marie Claire - 2021
This paper experimentally investigates the impact of different pay and relative performance information policies on employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through the production period, and continuously updated...
Persistent link: https://www.econbiz.de/10013325263