[go: up one dir, main page]

  EconPapers    
Economics at your fingertips  
 

The Effect of Incentives in Non-Routine Analytical Team Tasks - Evidence From a Field Experiment

Florian Englmaier, Stefan Grimm, David Schindler and Simeon Schudy
Additional contact information
Stefan Grimm: LMU Munich

No 71, Rationality and Competition Discussion Paper Series from CRC TRR 190 Rationality and Competition

Abstract: Despite the prevalence of non-routine analytical team tasks in modern economies, little is known about how incentives influence performance in these tasks. In a field experiment with more than 3000 participants, we document a positive effect of bonus incentives on the probability of completion of such a task. Bonus incentives increase performance due to the reward rather than the reference point (performance threshold) they provide. The framing of bonuses (as gains or losses) plays a minor role. Incentives improve performance also in an additional sample of presumably less motivated workers. However, incentives reduce these workers\' willingness to \"explore\" original solutions.

Keywords: team work; bonus; incentives; loss; gain; non-routine; exploration (search for similar items in EconPapers)
JEL-codes: C92 C93 D03 J33 M52 (search for similar items in EconPapers)
Date: 2018-02-08
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-hrm and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://rationality-and-competition.de/wp-content/ ... cussion_paper/71.pdf (application/pdf)

Related works:
Working Paper: The Effect of Incentives in Non-Routine Analytical Team Tasks - Evidence from a Field Experiment (2018) Downloads
Working Paper: The Effect of Incentives in Non-Routine Analytical Team Tasks – Evidence from a Field Experiment (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rco:dpaper:71

Access Statistics for this paper

More papers in Rationality and Competition Discussion Paper Series from CRC TRR 190 Rationality and Competition
Bibliographic data for series maintained by Viviana Lalli ().

 
Page updated 2024-12-19
Handle: RePEc:rco:dpaper:71