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Keyword: incentives;

13 results found.

Development Discussion Paper

Awards Unbundled: Evidence from a Natural Field Experiment

Nava Ashraf, Oriana Bandiera and Scott Lee

Organizations often use awards to incentivize performance. We design a field experiment to unbundle the mechanisms through which awards may affect behavior: by facilitating social comparison and by conferring recognition...Read more...

14 August 2013

Development Discussion Paper

No Margin, no Mission? A Field Experiment on Incentives for public service delivery

Nava Ashraf, Oriana Bandiera and Kelsey Jack

A substantial body of research investigates the design of incentives in firms, yet less is known about incentives in organizations that hire individuals to perform tasks with positive social spillovers. We conduct a fiel...Read more...

Revised February 2014

Development Discussion Paper

Team Incentives: Evidence From A Firm Level Experiment

Oriana Bandiera, Iwan Baranky and Imran Rasul

Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce. Compared to individual incentives, team incentives can affect productivity by changing both workers’ eff...Read more...

1 December 2011

Economics of Industry Paper

Motivation and Sorting in Open Source Software Innovation

Sharon Belenzon and Mark Schankerman

This paper studies the role of intrinsic motivation, reputation and reciprocity in driving open source software innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to ...Read more...

October 2008

Economics of Industry Paper

Harnessing Success: Determinants of University Technology Licensing Performance

Sharon Belenzon and Mark Schankerman

We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new...Read more...

February 2007

Economics of Industry Paper

Incentives and Invention in Universities

Saul Lach and Mark Schankerman

We show that economic incentives affect the commercial value of inventions generated in universities. Using data for 102 U.S. universities during the period 1991-1999, we find that universities which give higher royalty ...Read more...

March 2004

Theoretical Economics Paper

Competition and Incentives with Motivated Agents

Timothy Besley and Maitreesh Ghatak

A unifying theme in the literature on organizations such as public bureaucracies and private non-profits is the importance of missions, as opposed to profit, as an organizational goal. Such mission-oriented organizations...Read more...

November 2003

Development Economics Paper

Eviction Threats and Investment Incentives

Abhijit Banerjee and Maitreesh Ghatak

We show that the effect of eviction threats on unobservable investment effort can be positive. We demonstrate this apparently counter-intuitive result in a model of tenancy where investment by a tenant in the current per...Read more...

June 2003

Theoretical Economics Paper

Courts of Law and Unforeseen Contingencies

Luca Anderlini, Leonardo Felli and Andrew Postlewaite

We study a contracting model with unforeseen contingencies in which the court is an active player. Ex-ante, the contracting parties cannot include the risky unforeseen contingencies in the contract they draw up. Ex-post ...Read more...

February 2003

Theoretical Economics Paper

Ownership, Incentives and Monitoring

Chong-En Bai and Chenggang Xu

This paper studies the effect of ownership structure on workers' incentives for investing in firm-specific human capital. Particularly, we analyse such incentivers and monitoring under employee ownership and capitalist o...Read more...

March 2001

Development Economics Paper

On the Structure of Tenancy contracts: Theory and Evidence fron 19th Century Rural Sicily

Oriana Bandiera

This paper analyses the empirical determinants of contract length, a key and yet neglected dimension of contractual structure. I use data on tenancy agreements signed between 1870 and 1880 in the district of Siracusa, It...Read more...

January 2000

Development Economics Paper

Hunger in the Contemporary World

Amartya Sen

Economic analysis of hunger calls for an informationally broad approach that takes adequate account of the distinct interdependences involved. This paper examines the interdependences between (1) income and food consumpt...Read more...

November 1997

Development Economics Paper

Development and Thinking at the Beginning of the 21st Century

Amartya Sen

There has been a shift, in recent years, in the understanding of the process of development. It is not a switch (as often portrayed) from a state-dependent view of development to a market-reliant view. Rather, it involve...Read more...

March 1997