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https://hdl.handle.net/10419/20536
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Kräkel, Matthias | en |
dc.date.accessioned | 2009-01-28T16:14:50Z | - |
dc.date.available | 2009-01-28T16:14:50Z | - |
dc.date.issued | 2004 | - |
dc.identifier.uri | http://hdl.handle.net/10419/20536 | - |
dc.description.abstract | We introduce a concept of emotions that emerge when workers compare their ownperformance with a given standard or with the performances of co-workers. Assumingheterogeneity among the workers the interplay of emotions and incentives is analyzed byfocusing on three incentive schemes that are frequently used in practice: tournaments,bonuses and piece rates. We identify certain conditions under which emotions lead toadditional incentives and under which the employer benefits from emotional workers.Furthermore, the concept of emotions is used to explain puzzling results from laboratory andfield experiments. Finally, the results provide some insights on an employer's possiblepreferences in favor of heterogeneous instead of homogeneous work groups. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x1270 | en |
dc.subject.jel | J3 | en |
dc.subject.jel | M5 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | bonuses | en |
dc.subject.keyword | emotions | en |
dc.subject.keyword | incentives | en |
dc.subject.keyword | piece rates | en |
dc.subject.keyword | tournaments | en |
dc.subject.stw | Leistungsanreiz | en |
dc.subject.stw | Emotion | en |
dc.subject.stw | Leistungsorientierte Vergütung | en |
dc.subject.stw | Experiment | en |
dc.title | Emotions and Incentives | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 396323049 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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