Download or read book Changing Incentives in a Multi Task Environment written by James A. Brickley and published by . This book was released on 2000 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study focuses on changes in incentives at the William E. Simon Graduate School of Business Administration in the early 1990s to redirect effort from academic research to classroom teaching. We find a substantial and almost immediate jump in teaching ratings following the changes in incentives. Longer-run learning and turnover effects are present. Evidence also suggests that research output fell. This case illustrates the power of organizational incentives to redirect effort in a multi-task environment, even in the presence of apparent human-capital constraints.

Download or read book Incentives and Managerial Experience in Multi task Teams written by Rachel Griffiths and published by . This book was released on 2007 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Environmental Co operation and Institutional Change written by Konrad Hagedorn and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The book is well-written and makes a significant contribution to the development of the principles and practices of dealing with agri-environmental problems. It is of relevance to a wide circle of readers, including researchers and politicians but also students and others concerned with agri-environmental issues.' - Stefanie Engel and Ulrike Grote, Quarterly Journal of International Agriculture '. . . the book has the potential to provide something for everyone.' - Stefan Bäckmann, European Review of Agricultural Economics Although the history of the Common Agricultural Policy (CAP) is dominated by a process of centralisation, growing pressures to integrate agri-environmental problems into the CAP have revealed the need to embrace decentralised approaches in an efficient federal structure. Indeed, in recent years it has become increasingly evident that the agricultural sector must undergo fundamental changes in order to enter an era of sustainable development.

Download or read book Incentives in Multi task Settings written by Alexander Brüggen and published by . This book was released on 2005 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Incentives and Innovation written by Thomas F. Hellmann and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how employees trade off planned activities versus unplanned innovation, and how firms can choose incentives to affect these choices. It develops a multi-task model where employees makes choices between their assigned standard tasks, for which the firm has a performance measure and provides incentives, and privately observed innovation opportunities that fall outside of the performance metrics, and require ex-post bargaining. The model shows how firms adapt incentive compensations in the presence of such unplanned innovation. If innovation are highly firm-specific, firms provide lower-powered incentives for standard tasks to encourage more innovation, yet in equilibrium employees undertake too few innovation. The opposite occurs if innovation are less firm-specific. We also investigate the effectiveness of several possibilities to encourage innovation, such as tolerance for failure, investing in employee innovation, stock-based compensation, and the allocation of intellectual property rights.

Download or read book Formal and Relational Incentives in a Multitask Model written by Kohei Daido and published by . This book was released on 2008 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the optimal contracts in a multitask model when a principal-agent relationship is long-term. If some outcomes are unverifiable, then the contracts have to satisfy the self-enforcing condition. I characterize the optimal contract in terms of the discount rate, the cost substitutes, and the weight of the unverifiable outcomes relative to the principal's payoff. Then, as the discount rate increases, the incentive to verifiable outcome (formal incentive) changes discontinuously and non-monotonically while the incentive to the unverifiable outcome (relational incentive) changes discontinuously but monotonically.

Download or read book United States Experience with Economic Incentives to Control Environmental Pollution written by Alan Carlin and published by . This book was released on 1992 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Incentive and Managerial Experience in Multi task Teams written by Rachel Griffith and published by . This book was released on 2008 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Effects of Incentive Value and Task Load on Multitask Performance written by Jerry M. Owens and published by . This book was released on 1973 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How to Restore Higher Powered Incentives in Multitask Agencies written by Bernard Sinclair-Desgagne and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In multiple-task agency setups, it is commonly accepted that wage incentives must be weaker when the agent's performance on some of the activities is difficult to measure. This paper shows that stronger incentives can be restored through a scheme of selective audits, in which the appraisal of less tangible activities is contingent on observing high performance levels in the more visible tasks. This scheme would make the efforts expended on the various tasks complementary rather than substitutes in the agent's utility function. It is optimal under plausible assumptions concerning the monitoring technology (separability of the multivarviable likelihood function) and the agent's risk behavior (absolute prudence larger than three times absolute risk aversion).

Download or read book Incentives and Test Based Accountability in Education written by National Research Council and published by National Academies Press. This book was released on 2011-10-18 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years there have been increasing efforts to use accountability systems based on large-scale tests of students as a mechanism for improving student achievement. The federal No Child Left Behind Act (NCLB) is a prominent example of such an effort, but it is only the continuation of a steady trend toward greater test-based accountability in education that has been going on for decades. Over time, such accountability systems included ever-stronger incentives to motivate school administrators, teachers, and students to perform better. Incentives and Test-Based Accountability in Education reviews and synthesizes relevant research from economics, psychology, education, and related fields about how incentives work in educational accountability systems. The book helps identify circumstances in which test-based incentives may have a positive or a negative impact on student learning and offers recommendations for how to improve current test-based accountability policies. The most important directions for further research are also highlighted. For the first time, research and theory on incentives from the fields of economics, psychology, and educational measurement have all been pulled together and synthesized. Incentives and Test-Based Accountability in Education will inform people about the motivation of educators and students and inform policy discussions about NCLB and state accountability systems. Education researchers, K-12 school administrators and teachers, as well as graduate students studying education policy and educational measurement will use this book to learn more about the motivation of educators and students. Education policy makers at all levels of government will rely on this book to inform policy discussions about NCLB and state accountability systems.

Download or read book Role of Financial Incentives and Social Incentives in Multi Task Settings written by Alexander Brueggen and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we investigate the role of financial incentives and social incentives in multi-task settings where the agent makes an effort level choice and an effort allocation choice. We focus on a setting where these choices are not independent and an active trade-off between effort level and effort allocation exists. Social incentives play a crucial role in this trade-off. While financial incentives increase the effort level, social incentives congruent with the principal's interest mitigate the distortions in effort allocation associated with financial incentives, which improves the effectiveness of financial incentives. In a 2×2 experiment, we find that participants who receive distorting financial incentives provide significantly more total effort than participants who receive a fixed wage, but they allocate effort significantly less congruently. However, the effort allocation distortion caused by distorting financial incentives is significantly reduced by congruent social incentives. We further find that the level of effort on the unmeasured task is not significantly different between fixed wages and financial incentives, which implies that distortions in effort allocation are driven by doing more of the measured task instead of doing less of the unmeasured task. Our findings have important implications for both theory building and organizational practices.

Download or read book Leading Change in a Web 2 1 World written by Jackson Nickerson and published by Brookings Institution Press. This book was released on 2013-09-25 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent advances in Web 2.0 technology enable new leadership processes and guidelines that can create great value for organizations. In this important new book—the first title in the new Brookings series on Innovations in Leadership—management expert Jackson Nickerson proposes a combination of processes and guidelines utilizing Web 2.0 technology, which he refers to as Web 2.1, that will not only lead and direct change in an organization but actually accelerate it. He calls this set of processes and guidelines “ChangeCasting,” and it should be an important part of any organization’s leadership toolkit. Leading Change in a Web 2.1 World provides fresh insights into why people and organizations are so difficult to engage in change. It explains how web-based video communications, when used in accordance with ChangeCasting principles, can be a keyway to building trust and creating understanding in an organization, thereby unlocking and accelerating organizational change. Nickerson introduces us to two Fortune 1000 firms facing dire economic and competitive circumstances. Both CEOs attempted extensive organizational change using web-based video communications, but one used ChangeCasting while the other did not—Nickerson details how ChangeCasting produced positive financial results for the former. He also discusses how ChangeCasting principles were used so successfully by the Barack Obama presidential campaign in 2008. The insights presented here will be invaluable to business executives, public officials, students of management and organizations, and anyone who needs to take organizational change from the drawing board to successful implementation and replication.

Download or read book Organizational Design written by Richard M. Burton and published by Cambridge University Press. This book was released on 2020-07-16 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its fourth edition, this is the definitive step-by-step 'how to' guide to designing an organization. Building on information processing theory, the book proposes a holistic, multi-contingency model of the organization. This textbook communicates the fundamentals of traditional and new organizational forms, including up-to-date analysis of self-organizing, boss-less, digital, and sustainable organizations. Providing a framework for the practical implementation of organizational design changes, the authors break the process down into seven basic steps: (1) Assessing Goals, (2) Assessing Strategy, (3) Analyzing Structure, (4) Assessing Process and People, (5) Analyzing Coordination, Control and Incentives, (6) Designing the Architecture, and (7) Implementing the Architecture. Each step connects with one of the nine interdependent components of the multi-contingency model, and the authors also provide a logical query process for approaching each of these components. This is an ideal guide for managers or executives interested in assessing their organization and taking steps to redesign it for success, as well as for MBA and executive MBA students looking for an introduction to organizational design.

Download or read book Environmental Change and Security Project Report written by and published by . This book was released on 1998 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Green Development written by Bill Adams and published by Routledge. This book was released on 2019-12-05 with total page 667 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of sustainability lies at the core of the challenge of environment and development, and the way governments, business and environmental groups respond to it. Green Development provides a clear and coherent analysis of sustainable development in both theory and practice. Green Development explores the origins and evolution of mainstream thinking about sustainable development and offers a critique of the ideas behind them. It draws a link between theory and practice by discussing the nature of the environmental degradation and the impacts of development. It argues that, ultimately, ‘green’ development has to be about political economy, about the distribution of power, and not about environmental quality. Its focus is strongly on the developing world. The fourth edition retains the broad structure of previous editions, but has been updated to reflect advances in ideas and changes in international policy. Greater attention has been given to the political ecology of development, market-based and neoliberal environmentalism, and degrowth. This fully revised edition discusses: the origins of thinking about sustainability and sustainable development, and its evolution to the present day; the ideas that dominate mainstream sustainable development (including natural capital, the green economy, market environmentalism and ecological modernisation); critiques of mainstream ideas and of neoliberal framings of sustainability, and alternative ideas about sustainability that challenge ‘business as usual’ thinking, such as arguments about limits to growth and calls for degrowth; the dilemmas of sustainability in the context of forests, desertification, food and farming, biodiversity conservation and dam construction; the challenge of policy choices about sustainability, particularly between reformist and radical responses to the contemporary global dilemmas. Green Development offers clear insights into the challenges of environmental sustainability, and social and economic development. It is unique in offering a synthesis of theoretical ideas on sustainability and in its coverage of the extensive literature on environment and development around the world. The book has proved its value to generations of students as an authoritative, thought-provoking and readable guide to the field of sustainable development.

Download or read book The Porter Hypothesis and the Economic Consequences of Environmental Regulation written by Thomas Roediger-Schluga and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining the public choice literature on political decision making with the Neo-Schumpeterian literature on innovation, this valuable new book develops a conceptual model of how environmental regulation is designed. The author presents a novel perspective on the Porter Hypothesis, arguing that the effect of environmental regulation is too weak to induce technological change. This implies that environmental policy intervention has little, if any, economic consequences which has significant repercussions for environmental decision-making. Since radical technological advance is unpredictable, this implies that environmental regulation induces, at the very most, incremental improvements of existing designs. Moreover, due to the high political costs of disrupting existing industry structures, regulation objectives are often adjusted or the compliance costs reduced through subsidies. Due to this limited inducement effect, the author finds that environmental regulation does not produce outcomes consistent with the Porter Hypothesis, nor does it have any palpable negative economic impact. Using detailed case-study evidence, each step of his argument is skilfully illustrated. The book conc.