Arbeitspapier

Stress and incentives at work

An extensive medical and occupational-health literature finds that an imbalance between effort and reward is an important stressor which produces serious health consequences. We incorporate these effects in a simple agency model with moral hazard and limitecl liability, and study their impact on the agent's effort and utility, assuming that agents differ in their stress susceptibility. We test our predictions using the 2015 wave of the European Working Condition Survey. We find that individuals who are more susceptible to stress work harder and have lower subjective well-being.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 97

Klassifikation
Wirtschaft
Asymmetric and Private Information; Mechanism Design
General Welfare; Well-Being
Compensation Packages; Payment Methods
Thema
Effort-Reward Imbalance
incentives
stress
subjective well-being

Ereignis
Geistige Schöpfung
(wer)
Cottini, Elena
Ghinetti, Paolo
Iossa, Elisabetta
Sacco, Pierluigi
Ereignis
Veröffentlichung
(wer)
Università Cattolica del Sacro Cuore, Dipartimento di Economia e Finanza (DISCE)
(wo)
Milano
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cottini, Elena
  • Ghinetti, Paolo
  • Iossa, Elisabetta
  • Sacco, Pierluigi
  • Università Cattolica del Sacro Cuore, Dipartimento di Economia e Finanza (DISCE)

Entstanden

  • 2021

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