Incentive Alignment and Reward Strength in Pay-for-Performance Contracts
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.304302
Download full text from publisher
References listed on IDEAS
- Hoppe, Eva I. & Schmitz, Patrick W., 2015.
"Do sellers offer menus of contracts to separate buyer types? An experimental test of adverse selection theory,"
Games and Economic Behavior, Elsevier, vol. 89(C), pages 17-33.
- Schmitz, Patrick W. & Hoppe-Fischer, Eva, 2013. "Do Sellers Offer Menus of Contracts to Separate Buyer Types? An Experimental Test of Adverse Selection Theory," CEPR Discussion Papers 9510, C.E.P.R. Discussion Papers.
- Ben Greiner, 2015. "Subject pool recruitment procedures: organizing experiments with ORSEE," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(1), pages 114-125, July.
- Scott E. Masten & Stéphane Saussier, 2000.
"Econometrics of Contracts : an Assessment of Developments in the Empirical Literature on Contracting,"
Revue d'Économie Industrielle, Programme National Persée, vol. 92(1), pages 215-236.
- Scott Masten & Stéphane Saussier, 2000. "Econometrics of Contracts : an Assessment of Developments in the Empirical Literature on Contracting," Post-Print hal-02496798, HAL.
- Dewatripont, Mathias & Jewitt, Ian & Tirole, Jean, 2000. "Multitask agency problems: Focus and task clustering," European Economic Review, Elsevier, vol. 44(4-6), pages 869-877, May.
- Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-1284, December.
- Ernst Fehr & Klaus M. Schmidt, 2004.
"Fairness and Incentives in a Multi‐task Principal–Agent Model,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(3), pages 453-474, October.
- Ernst Fehr & Klaus M. Schmidt, "undated". "Fairness and Incentives in a Multi-Task Principal-Agent Model," IEW - Working Papers 191, Institute for Empirical Research in Economics - University of Zurich.
- Schmidt, Klaus & Fehr, Ernst, 2004. "Fairness and Incentives in a Multi-Task Principle-Agent Model," CEPR Discussion Papers 4464, C.E.P.R. Discussion Papers.
- Fehr, Ernst & Schmidt, Klaus M., 2004. "Fairness and incentives in a multi-task principal-agent model," Munich Reprints in Economics 20657, University of Munich, Department of Economics.
- Fehr, Ernst & Schmidt, Klaus M., 2004. "Fairness and Incentives in a Multi-Task Principal-Agent Model," Discussion Papers in Economics 335, University of Munich, Department of Economics.
- Baker, George P, 1992. "Incentive Contracts and Performance Measurement," Journal of Political Economy, University of Chicago Press, vol. 100(3), pages 598-614, June.
- Fuhai Hong & Tanjim Hossain & John A. List & Migiwa Tanaka, 2018.
"Testing The Theory Of Multitasking: Evidence From A Natural Field Experiment In Chinese Factories,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(2), pages 511-536, May.
- Fuhai Hong & Tanjim Hossain & John A. List & Migiwa Tanaka, 2013. "Testing the Theory of Multitasking: Evidence from a Natural Field Experiment in Chinese Factories," CESifo Working Paper Series 4522, CESifo.
- Fuhai Hong & Tanjim Hossain & John List & Migiwa Tanaka, 2013. "Testing the Theory of Multitasking: Evidence from a Natural Field Experiment in Chinese Factories," Natural Field Experiments 00388, The Field Experiments Website.
- Fuhai Hong & Tanjim Hossain & John List & Migiwa Tanaka, 2017. "Testing the Theory of Multitasking: Evidence from a Natural Field Experiment in Chinese Factories," Natural Field Experiments 00609, The Field Experiments Website.
- Fuhai Hong & Tanjim Hossain & John A. List & Migiwa Tanaka, 2013. "Testing the Theory of Multitasking: Evidence from a Natural Field Experiment in Chinese Factories," NBER Working Papers 19660, National Bureau of Economic Research, Inc.
- Meng, Dawen & Tian, Guoqiang, 2013.
"Multi-task incentive contract and performance measurement with multidimensional types,"
Games and Economic Behavior, Elsevier, vol. 77(1), pages 377-404.
- Tian, Guoqiang & Meng, Dawen, 2011. "Multi-task Incentive Contract and Performance Measurement with Multidimensional Types," MPRA Paper 41152, University Library of Munich, Germany.
- Dejong, Dv & Forsythe, R & Lundholm, Rj & Uecker, Wc, 1985. "A Laboratory Investigation Of The Moral Hazard Problem In An Agency Relationship," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 23, pages 81-120.
- Joyce E. Berg & Lane A. Daley & John W. Dickhaut & John R. O'Brien, 1986. "Controlling Preferences for Lotteries on Units of Experimental Exchange," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(2), pages 281-306.
- Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
- Steffen Huck & Andrew J. Seltzer & Brian Wallace, 2011. "Deferred Compensation in Multiperiod Labor Contracts: An Experimental Test of Lazear's Model," American Economic Review, American Economic Association, vol. 101(2), pages 819-843, April.
- Chen, Daniel L. & Schonger, Martin & Wickens, Chris, 2016.
"oTree—An open-source platform for laboratory, online, and field experiments,"
Journal of Behavioral and Experimental Finance, Elsevier, vol. 9(C), pages 88-97.
- Chen, Daniel Li & Schonger, Martin & Wickens, Chris, 2015. "oTree - An Open-Source Platform for Laboratory, Online, and Field Experiments," MPRA Paper 62730, University Library of Munich, Germany.
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.- Nuño-Ledesma José G., 2025. "Incentive Alignment and Effort Provision in Multitask Contracts: A Basic Test of the Theory," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 23(2), pages 83-105.
- Ro’i Zultan & Eldar Dadon, 2023. "Missing the forest for the trees: when monitoring quantitative measures distorts task prioritization," Working Papers 2319, Ben-Gurion University of the Negev, Department of Economics.
- Macera, Rosario, 2018. "Intertemporal incentives under loss aversion," Journal of Economic Theory, Elsevier, vol. 178(C), pages 551-594.
- Corgnet, Brice & Martin, Ludivine & Ndodjang, Peguy & Sutan, Angela, 2019.
"On the merit of equal pay: Performance manipulation and incentive setting,"
European Economic Review, Elsevier, vol. 113(C), pages 23-45.
- Brice Corgnet & Ludivine Martin & Peguy Ndodjang & Angela Sutan, 2019. "On the merit of equal pay: Performance manipulation and incentive setting," Post-Print halshs-02393577, HAL.
- Oyer, Paul & Schaefer, Scott, 2011.
"Personnel Economics: Hiring and Incentives,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 20, pages 1769-1823,
Elsevier.
- Paul Oyer & Scott Schaefer, 2010. "Personnel Economics: Hiring and Incentives," NBER Working Papers 15977, National Bureau of Economic Research, Inc.
- Friederike Wall, 2024. "Incomplete incentive contracts in complex task environments: an agent-based simulation with minimal intelligence agents," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 19(3), pages 523-552, July.
- Omar Al‐Ubaydli & Steffen Andersen & Uri Gneezy & John A. List, 2015.
"Carrots That Look Like Sticks: Toward an Understanding of Multitasking Incentive Schemes,"
Southern Economic Journal, John Wiley & Sons, vol. 81(3), pages 538-561, January.
- Omar Al-Ubaydli & Steffen Andersen & Uri Gneezy & John A. List, 2012. "Carrots that Look Like Sticks: Toward an Understanding of Multitasking Incentive Schemes," NBER Working Papers 18453, National Bureau of Economic Research, Inc.
- Omar Al-Ubaydli & Steffen Andersen & Uri Gneezy & John List, 2012. "Carrots That Look Like Sticks: Toward an Understanding of Multitasking Incentive Schemes," Natural Field Experiments 00455, The Field Experiments Website.
- Wu, Qin & Bayer, Ralph-C & Lenten, Liam J.A., 2020. "Conditional Pension Funds to Combat Cheating in Sporting Contests: Theory and Experimental Evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 89(C).
- Heywood, John S. & Jirjahn, Uwe, 2009. "Profit sharing and firm size: The role of team production," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 246-258, August.
- Nadja Kairies-Schwarz & Claudia Souček, 2020. "Performance Pay in Hospitals: An Experiment on Bonus–Malus Incentives," IJERPH, MDPI, vol. 17(22), pages 1-29, November.
- John Antonakis & Giovanna d’Adda & Roberto A. Weber & Christian Zehnder, 2022. "“Just Words? Just Speeches?” On the Economic Value of Charismatic Leadership," Management Science, INFORMS, vol. 68(9), pages 6355-6381, September.
- Michael Dinerstein & Isaac M. Opper, 2022. "Screening with Multitasking," CESifo Working Paper Series 9869, CESifo.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
- Jensen, Nathan & Lyons, Elizabeth & Chebelyon, Eddy & Bras, Ronan Le & Gomes, Carla, 2020. "Conspicuous monitoring and remote work," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 489-511.
- Steven Jacob Bosworth & Simon Bartke, 2019. "Cross-task spillovers in workplace teams: Motivation vs. learning," Economics Discussion Papers em-dp2019-15, Department of Economics, University of Reading.
- Kathrin Manthei & Dirk Sliwka, 2019. "Multitasking and Subjective Performance Evaluations: Theory and Evidence from a Field Experiment in a Bank," Management Science, INFORMS, vol. 65(12), pages 5861-5883, December.
- Zahra Murad & Charitini Stavropoulou & Graham Cookson, 2019.
"Incentives and gender in a multi-task setting: An experimental study with real-effort tasks,"
PLOS ONE, Public Library of Science, vol. 14(3), pages 1-18, March.
- Zahra Murad & Charitini Stavropoulou & Graham Cookson, 2018. "Incentives and Gender in a Multitask Setting: an Experimental Study with Real-Effort Tasks," Working Papers in Economics & Finance 2018-07, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group.
- Sebastian Fest & Ola Kvaløy & Petra Nieken & Anja Schöttner, 2019.
"Motivation and incentives in an online labor market,"
CESifo Working Paper Series
7526, CESifo.
- Fest, Sebastian & Kvaloy, Ola & Nieken, Petra & Schöttner, Anja, 2020. "Motivation and Incentives in an Online Labor Market," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224586, Verein für Socialpolitik / German Economic Association.
- Feng, Bo & Lu, Bei & Wang, Zhen & Yu, Dandan, 2025. "Patronage networks and multitasking incentives: Evidence from local officials’ responses to public crises in China’s centralized bureaucracy," World Development, Elsevier, vol. 190(C).
- Oosterbeek, Hessel & Sloof, Randolph & Sonnemans, Joep, 2011.
"Rent-seeking versus productive activities in a multi-task experiment,"
European Economic Review, Elsevier, vol. 55(5), pages 630-643, June.
- Hessel Oosterbeek & Randolph Sloof & Joep Sonnemans, 2006. "Rent-seeking versus Productive Activities in a Multi-task Experiment," Tinbergen Institute Discussion Papers 06-083/1, Tinbergen Institute.
- Hooper, Louise, 2008. "Paying for performance: Uncertainty, asymmetric information and the payment model," Research in Transportation Economics, Elsevier, vol. 22(1), pages 157-163, January.
Corrections
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:ags:aaea20:304302. See general information about how to correct material in RePEc.
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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/p/ags/aaea20/304302.html