Arbeitspapier
Discretion, Productivity, and Work Satisfaction
In Bartling, Fehr and Schmidt (2012) we show theoretically and experimentally that it is optimal to grant discretion to workers if (i) discretion increases productivity, (ii) workers can be screened by past performance, (iii) some workers reciprocate high wages with high effort and (iv) employers pay high wages leaving rents to their workers. In this paper we show experimentally that the productivity increase due to discretion is not only sufficient but also necessary for the optimality of granting discretion to workers. Furthermore, we report representative survey evidence on the impact of discretion on workers’ welfare, confirming that workers earn rents.
- Language
-
Englisch
- Bibliographic citation
-
Series: Munich Discussion Paper ; No. 2012-28
- Classification
-
Wirtschaft
- Subject
-
Kooperative Führung
Arbeitsproduktivität
Arbeitszufriedenheit
- Event
-
Geistige Schöpfung
- (who)
-
Bartling, Björn
Fehr, Ernst
Schmidt, Klaus M.
- Event
-
Veröffentlichung
- (who)
-
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
- (where)
-
München
- (when)
-
2012
- DOI
-
doi:10.5282/ubm/epub.14193
- Handle
- URN
-
urn:nbn:de:bvb:19-epub-14193-1
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bartling, Björn
- Fehr, Ernst
- Schmidt, Klaus M.
- Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
Time of origin
- 2012
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Discretion, Productivity and Work Satisfaction
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Obfuscation in competitive markets
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Discretion, Productivity and Work Satisfaction
Abgangszeugnis Ernst Fehr
Do Workers Work More When Wages Are High?
On the economics and biology of trust
On the Economics and Biology of Trust
Creating an Efficient Culture of Cooperation
Money Illusion and Coordination Failure
Obfuscation in competitive markets
Cooperativeness and impatience in the tragedy of the commons
Obfuscation in competitive markets
Social preferences: Fundamental characteristics and economic consequences