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Digital
Intentions for Doing Good Matter for Doing Well : The (Negative) Signaling Value of Prosocial Incentives
Authors: ---
Year: 2017 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Abstract

Prosocial incentives and Corporate Social Responsibility (CSR) initiatives are seen by many firms as an effective way to motivate workers. Recent empirical results seem to support the expectation that prosocial incentive, e.g. in the form of a charitable donations by the firm, can increase effort and motivation - sometimes even better than monetary incentives. We argue that the benefits crucially depend on the perceived intention of the firm. Workers use prosocial incentives as a signal about the firm's type and if used instrumentally in order to profit the firm, they can backfire. We show in an experiment in collaboration with an Italian firm, that monetary and prosocial incentives work very differently. While monetary incentives used instrumentally increase effort, instrumental charitable incentives backfire compared to non-instrumental incentives. This is especially true for non-prosocially-motivated workers who do not care about the prosocial cause but use prosocial incentives only as a signal about the firm. The results contribute to the understanding of the limits of prosocial incentives by focusing on their signaling value to the agent about the principal's type.


Book
Erfolg im Einzelhandel durch Franchising : Steigerung der Prozesseffizienz durch Web Services-Technologien
Author:
ISBN: 3322821706 Year: 2005 Publisher: Wiesbaden : Deutscher Universitätsverlag : Imprint: Deutscher Universitätsverlag,

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Traditionelle Vertriebssysteme wie Filial- oder Verbundsysteme werden zunehmend durch aggressive Franchising-Netzwerke verdrängt, weil sie nach vorherrschender Meinung sehr gut zur Verfolgung anspruchsvoller Expansionsziele geeignet sind. Ein strategischer Erfolgsfaktor von Franchising-Netzwerken sind die durch Informations- und Kommunikations-Infrastruktur (IuK) erschließbaren Effizienzpotenziale im Wertschöpfungssystem. Stephan J. Meier analysiert, ob Franchising-Netzwerke im Vergleich zu alternativen stationären Vertriebskonzepten, insbesondere Filialsystemen, spezifische Anforderungen an die IuK stellen und ob Web Services-Technologien tatsächlich das ihnen zugeschriebene Effizienzpotenzial aufweisen. Im Mittelpunkt der Untersuchung steht die bessere Integration bislang heterogener Insellösungen mit dem Ziel, flexible, prozessorientierte Anwendungen zu finden. Die Ergebnisse beruhen auf strukturationstheoretischen Überlegungen in Verbindung mit der Informationsflussanalyse.


Digital
Pro-social behavior, reciprocity or both?
Authors: ---
Year: 2002 Publisher: Munich CESifo

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Digital
Political economists are neither selfish nor endoctrinated
Authors: ---
Year: 2001 Publisher: Munich CESifo

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Digital
Did we overestimate the role of social preferences? The case of self-selected student samples
Authors: --- ---
Year: 2010 Publisher: Munich CESifo

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Book
Intentions for Doing Good Matter for Doing Well : The (Negative) Signaling Value of Prosocial Incentives
Authors: --- ---
Year: 2017 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Abstract

Prosocial incentives and Corporate Social Responsibility (CSR) initiatives are seen by many firms as an effective way to motivate workers. Recent empirical results seem to support the expectation that prosocial incentive, e.g. in the form of a charitable donations by the firm, can increase effort and motivation - sometimes even better than monetary incentives. We argue that the benefits crucially depend on the perceived intention of the firm. Workers use prosocial incentives as a signal about the firm's type and if used instrumentally in order to profit the firm, they can backfire. We show in an experiment in collaboration with an Italian firm, that monetary and prosocial incentives work very differently. While monetary incentives used instrumentally increase effort, instrumental charitable incentives backfire compared to non-instrumental incentives. This is especially true for non-prosocially-motivated workers who do not care about the prosocial cause but use prosocial incentives only as a signal about the firm. The results contribute to the understanding of the limits of prosocial incentives by focusing on their signaling value to the agent about the principal's type.

Keywords


Book
Happiness : a revolution in economics
Authors: --- --- --- --- --- et al.
ISBN: 9780262062770 0262062771 0262514958 9786612100161 0262273217 1282100165 1435647882 0262260727 9780262273213 9781435647886 9781282100169 9780262514958 Year: 2008 Publisher: Cambridge, Massachusetts : MIT Press,

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Abstract

In this text a leading economist discusses the potential of happiness research (the qualification of well-being) to answer important questions that standard economics methods are unable to analyze. Emphasizing empirical evidence rather than theoretical conjectures, Frey substantiates the need for happiness research.


Book
Under-Savers Anonymous : Evidence on Self-Help Groups and Peer Pressure as a Savings Commitment Device
Authors: --- --- ---
Year: 2012 Publisher: Cambridge, Mass. National Bureau of Economic Research

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We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two randomized field experiments among 2,687 microentrepreneurs in Chile. The first experiment finds that self-help peer groups are a powerful tool to increase savings (the number of deposits grows 3.5-fold and the average savings balance almost doubles). Conversely, a substantially higher interest rate has no effect on most participants. A second experiment tests an alternative delivery mechanism and shows that effects of a similar size can be achieved by holding people accountable through feedback text messages, without any meetings or peer pressure.

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