Arbeitspapier

Social Interaction, Co-Worker Altruism, and Incentives

Social interaction with colleagues is an important job attribute for many workers. To attract and retain workers, managers therefore need to think about how to create and preserve high-quality co-worker relationships. This paper develops a principal-multi-agent model where agents do not only engage in productive activities, but also in social interaction with their colleagues, which in turn creates co-worker altruism. We study how financial incentives for productive activities can improve or damage the work climate. We show that both team incentives and relative incentives can help to create a good work climate. We discuss some empirical evidence supporting these predictions.

Sprache
Englisch

Erschienen in
Series: Tinbergen Institute Discussion Paper ; No. 08-094/1

Klassifikation
Wirtschaft
Economics of Contract: Theory
Labor Contracts
Personnel Economics: General
Thema
social interaction
altruism
incentive contracts
co-worker satisfaction
Betriebsklima
Arbeitsgruppe
Altruismus
Leistungsanreiz
Arbeitszufriedenheit
Prinzipal-Agent-Theorie
Theorie

Ereignis
Geistige Schöpfung
(wer)
Dur, Robert
Sol, Joeri
Ereignis
Veröffentlichung
(wer)
Tinbergen Institute
(wo)
Amsterdam and Rotterdam
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Dur, Robert
  • Sol, Joeri
  • Tinbergen Institute

Entstanden

  • 2008

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