Performance Myopia: The Effect of Pay-For-Performance Incentives on Exploration and Coordination
Author
Abstract
Suggested Citation
DOI: 10.18267/j.aop.616
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Burks, Stephen & Carpenter, Jeffrey & Goette, Lorenz, 2009. "Performance pay and worker cooperation: Evidence from an artefactual field experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 70(3), pages 458-469, June.
- Florian Ederer & Gustavo Manso, 2013.
"Is Pay for Performance Detrimental to Innovation?,"
Management Science, INFORMS, vol. 59(7), pages 1496-1513, July.
- Ederer, Florian & Manso, Gustavo, 2009. "Is Pay-For-Performance Detrimental to Innovation?," Department of Economics, Working Paper Series qt03t787q9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Sunkee Lee & Philipp Meyer-Doyle, 2017. "How Performance Incentives Shape Individual Exploration and Exploitation: Evidence from Microdata," Organization Science, INFORMS, vol. 28(1), pages 19-38, February.
- Burton, Richard M. & Obel, Borge, 1988. "Opportunism, incentives, and the m-form hypothesis : A laboratory study," Journal of Economic Behavior & Organization, Elsevier, vol. 10(1), pages 99-119, July.
- Edward P. Lazear, 2000.
"Performance Pay and Productivity,"
American Economic Review, American Economic Association, vol. 90(5), pages 1346-1361, December.
- Edward P. Lazear, 1996. "Performance Pay and Productivity," NBER Working Papers 5672, National Bureau of Economic Research, Inc.
- O'Reilly, Charles A., III & Tushman, Michael L., 2013. "Organizational Ambidexterity: Past, Present and Future," Research Papers 2130, Stanford University, Graduate School of Business.
- Paul Bate & Raza Khan & Annie Pye, 2000. "Towards A Culturally Sensitive Approach To Organization Structuring: Where Organization Design Meets Organization Development," Organization Science, INFORMS, vol. 11(2), pages 197-211, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Karl Aschenbrücker & Tobias Kretschmer, 2022. "Performance-based incentives and innovative activity in small firms: evidence from German manufacturing," Journal of Organization Design, Springer;Organizational Design Community, vol. 11(2), pages 47-64, June.
- Sunkee Lee & Phanish Puranam, 2017. "Incentive Redesign and Collaboration in Organizations: Evidence from a Natural Experiment," Strategic Management Journal, Wiley Blackwell, vol. 38(12), pages 2333-2352, December.
- Englmaier, Florian & Grimm, Stefan & Schindler, David & Schudy, Simeon, 2018.
"The Effect of Incentives in Non-Routine Analytical Team Tasks – Evidence from a Field Experiment,"
VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking
168286, Verein für Socialpolitik / German Economic Association.
- Englmaier, Florian & Grimm, Stefan & Schindler, David & Schudy, Simeon, 2018. "The Effect of Incentives in Non-Routine Analytical Team Tasks - Evidence From a Field Experiment," Rationality and Competition Discussion Paper Series 71, CRC TRR 190 Rationality and Competition.
- Englmaier, Florian & Grimm, Stefan & Schindler, David & Schudy, Simeon, 2018. "The Effect of Incentives in Non-Routine Analytical Teams Tasks - Evidence from a Field Experiment," Other publications TiSEM 161fc70b-8d41-4500-8a01-d, Tilburg University, School of Economics and Management.
- Florian Englmaier & Stefan Grimm & David Schindler & Simeon Schudy, 2018. "The Effect of Incentives in Non-Routine Analytical Team Tasks - Evidence from a Field Experiment," CESifo Working Paper Series 6903, CESifo.
- Englmaier, Florian & Grimm, Stefan & Schindler, David & Schudy, Simeon, 2018. "The Effect of Incentives in Non-Routine Analytical Team Tasks - Evidence from a Field Experiment," CEPR Discussion Papers 13226, C.E.P.R. Discussion Papers.
- Haneda, Shoko & Ito, Keiko, 2018. "Organizational and human resource management and innovation: Which management practices are linked to product and/or process innovation?," Research Policy, Elsevier, vol. 47(1), pages 194-208.
- Jason J Sandvik & Richard E Saouma & Nathan T Seegert & Christopher T Stanton, 2020.
"Workplace Knowledge Flows,"
The Quarterly Journal of Economics, Oxford University Press, vol. 135(3), pages 1635-1680.
- Jason Sandvik & Richard Saouma & Nathan Seegert & Christopher T. Stanton, 2020. "Workplace Knowledge Flows," NBER Working Papers 26660, National Bureau of Economic Research, Inc.
- Sandvik, Jason & Saouma, Richard & Seegert, Nathan & Stanton, Christopher, 2020. "Workplace Knowledge Flows," CEPR Discussion Papers 14299, C.E.P.R. Discussion Papers.
- Jared Rubin & Anya Samek & Roman M. Sheremeta, 2016.
"Incentivizing Quantity and Quality of Output: An Experimental Investigation of the Quantity-Quality Trade-off,"
Working Papers
16-01, Chapman University, Economic Science Institute.
- Rubin, Jared & Samek, Anya & Sheremeta, Roman, 2016. "Incentivizing Quantity and Quality of Output: An Experimental Investigation of the Quantity-Quality Trade-off," MPRA Paper 69080, University Library of Munich, Germany.
- Jared Rubin & Anya Samek & Roman Sheremeta, 2016. "Incentivizing Quantity and Quality of Output: An Experimental Investigation of The Quantity-Quality Trade-Off," Artefactual Field Experiments 00438, The Field Experiments Website.
- Constança Esteves-Sorenson, 2018. "Gift Exchange in the Workplace: Addressing the Conflicting Evidence with a Careful Test," Management Science, INFORMS, vol. 64(9), pages 4365-4388, September.
- Stephan Billinger & Kannan Srikanth & Nils Stieglitz & Terry R. Schumacher, 2021. "Exploration and exploitation in complex search tasks: How feedback influences whether and where human agents search," Strategic Management Journal, Wiley Blackwell, vol. 42(2), pages 361-385, February.
- Charness, Gary & Kuhn, Peter, 2011.
"Lab Labor: What Can Labor Economists Learn from the Lab?,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 3, pages 229-330,
Elsevier.
- Charness, Gary & Kuhn, Peter J., 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," IZA Discussion Papers 4941, Institute of Labor Economics (IZA).
- Gary Charness & Peter J. Kuhn, 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," NBER Working Papers 15913, National Bureau of Economic Research, Inc.
- Arpita Agnihotri & Saurabh Bhattacharya, 2019. "ESOPs AND NEW PRODUCT LAUNCH: CONDITIONAL EFFECTS OF FINANCIAL SLACK AND OWNERSHIP CONCENTRATION," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(03), pages 1-21, April.
- Friebel, Guido & Heinz, Matthias & Khashabi, Pooyan & Kretschmer, Tobias & Zubanov, Nick, 2017. "Heterogeneous Effects of Performance Pay with Market Competition: Evidence from a Randomized Field Experiment," CEPR Discussion Papers 12474, C.E.P.R. Discussion Papers.
- Manthei, Kathrin & Sliwka, Dirk & Vogelsang, Timo, 2018. "Performance Pay and Prior Learning: Evidence from a Retail Chain," IZA Discussion Papers 11859, Institute of Labor Economics (IZA).
- Wasseem Mina, 2018. "The Determinants of Social Protection Expenditures and Labor Market Flexibility," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1810, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
- Samuel Bowles & Sandra Polania-Reyes, 2011. "Economic incentives and social preferences: substitutes or complements?," Department of Economics University of Siena 617, Department of Economics, University of Siena.
- Joachim A Holst-Hansen & Carsten Bergenholtz, 2020. "Does the size of rewards influence performance in cognitively demanding tasks?," PLOS ONE, Public Library of Science, vol. 15(10), pages 1-15, October.
- Jared Rubin & Anya Samek & Roman M. Sheremeta, 2018.
"Loss aversion and the quantity–quality tradeoff,"
Experimental Economics, Springer;Economic Science Association, vol. 21(2), pages 292-315, June.
- Jared Rubin & Anya Samek & Roman M. Sheremeta, 2017. "Loss Aversion and the Quantity-Quality Tradeoff," Working Papers 17-20, Chapman University, Economic Science Institute.
- Cardella, Eric & Depew, Briggs, 2018. "Output restriction and the ratchet effect: Evidence from a real-effort work task," Games and Economic Behavior, Elsevier, vol. 107(C), pages 182-202.
- Sunkee Lee & Philipp Meyer-Doyle, 2017. "How Performance Incentives Shape Individual Exploration and Exploitation: Evidence from Microdata," Organization Science, INFORMS, vol. 28(1), pages 19-38, February.
- Belloc, Filippo, 2022. "Profit sharing and innovation across organizational layers," Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 598-623.
- Hitoshi Mitsuhashi & Azusa Nakamura, 2022. "Pay and networks in organizations: Incentive redesign as a driver of network change," Strategic Management Journal, Wiley Blackwell, vol. 43(2), pages 295-322, February.
More about this item
Keywords
pay-for-performance; incentives; exploration; coordination; organisational design; cooperation;All these keywords.
JEL classification:
- M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
- M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlaop:v:2019:y:2019:i:1:id:616:p:50-69. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/uevsecz.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.