The monotonicity puzzle : an experimental investigation of incentive structures


Dateien zu dieser Ressource

Prüfsumme: MD5:1dc17ac2032081d43556eeed81efa947

BROSIG, Jeannette, Christian LUKAS, Thomas RIECHMANN, 2010. The monotonicity puzzle : an experimental investigation of incentive structures. In: Business Research : BuR. 3(1), pp. 8-35. Available under: doi: 10.1007/BF03342713

@article{Brosig2010monot-14020, title={The monotonicity puzzle : an experimental investigation of incentive structures}, year={2010}, doi={10.1007/BF03342713}, number={1}, volume={3}, journal={Business Research : BuR}, pages={8--35}, author={Brosig, Jeannette and Lukas, Christian and Riechmann, Thomas} }

<rdf:RDF xmlns:dcterms="" xmlns:dc="" xmlns:rdf="" xmlns:bibo="" xmlns:dspace="" xmlns:foaf="" xmlns:void="" xmlns:xsd="" > <rdf:Description rdf:about=""> <dcterms:abstract xml:lang="eng">Non-monotone incentive structures, which - according to theory - are able to induce optimal behavior, are often regarded as empirically less relevant for labor relationships. We compare the performance of a theoretically optimal non-monotone contract with a monotone one under controlled laboratory conditions. Implementing some features relevant to real-world employment relationships, our paper demonstrates that, in fact, the frequency of income-maximizing decisions made by agents is higher under the monotone contract. Although this observed behavior does not change the superiority of the non-monotone contract for principals, they do not choose this contract type in a significant way. This is what we call the monotonicity puzzle. Detailed investigations of decisions provide a clue for solving the puzzle and a possible explanation for the popularity of monotone contracts.</dcterms:abstract> <dcterms:rights rdf:resource=""/> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dcterms:title>The monotonicity puzzle : an experimental investigation of incentive structures</dcterms:title> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dc:contributor>Brosig, Jeannette</dc:contributor> <dcterms:issued>2010</dcterms:issued> <dcterms:hasPart rdf:resource=""/> <dspace:isPartOfCollection rdf:resource=""/> <dcterms:bibliographicCitation>First publ. in: Business Research : BuR 3 (2010), 1, pp. 8-35</dcterms:bibliographicCitation> <dc:rights>terms-of-use</dc:rights> <dc:language>eng</dc:language> <dc:contributor>Riechmann, Thomas</dc:contributor> <dcterms:isPartOf rdf:resource=""/> <dcterms:available rdf:datatype="">2011-08-15T07:48:20Z</dcterms:available> <dc:date rdf:datatype="">2011-08-15T07:48:20Z</dc:date> <dc:creator>Lukas, Christian</dc:creator> <bibo:uri rdf:resource=""/> <dc:creator>Riechmann, Thomas</dc:creator> <dc:creator>Brosig, Jeannette</dc:creator> <dc:contributor>Lukas, Christian</dc:contributor> <dspace:hasBitstream rdf:resource=""/> </rdf:Description> </rdf:RDF>

Dateiabrufe seit 01.10.2014 (Informationen über die Zugriffsstatistik)

Brosig_monotonicity-puzzle.pdf 203

Das Dokument erscheint in:

KOPS Suche


Mein Benutzerkonto