The following is a brief summary of a working paper published by the National Bureau of Economic Research on the effects of bonus-pay schemes in firms where workers’ output is judged on multiple dimensions including quality. Principal-agent relations present an omnipresent feature to modern economies. The fundamental issue is that the worker (the agent) hasContinue reading “Summary: Testing The Theory of Multitasking: Evidence from a Natural Field Experiment in Chinese Factories (Hong)”
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
AD 