
handle: 1871/13178 , 10419/86949 , 10419/36039 , 10419/150724
We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a multiple-agent setting, this problem can be resolved using promotion incentives. We test these predictions using German Socio-Economic Panel data. We find that workers who are more reciprocal are significantly more likely to receive promotion incentives, while there is no such relation for individual bonus pay.
double moral hazard, Reciprocity, Verantwortung, Reciprocity, social exchange, incentive contracts, double moral hazard, GSOEP, Anreizvertrag, reciprocity, GSOEP, reciprocity, social exchange, incentive contracts, double moral hazard, GSOEP, Deutschland, M55, Moral Hazard, ddc:330, M51, M52, M54, incentive contracts, social exchange, J41, D86, jel: jel:D86, jel: jel:J41, jel: jel:M51, jel: jel:M54, jel: jel:M55, jel: jel:M52
double moral hazard, Reciprocity, Verantwortung, Reciprocity, social exchange, incentive contracts, double moral hazard, GSOEP, Anreizvertrag, reciprocity, GSOEP, reciprocity, social exchange, incentive contracts, double moral hazard, GSOEP, Deutschland, M55, Moral Hazard, ddc:330, M51, M52, M54, incentive contracts, social exchange, J41, D86, jel: jel:D86, jel: jel:J41, jel: jel:M51, jel: jel:M54, jel: jel:M55, jel: jel:M52
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