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    The Provision of Relative Performance Feedback: An Analysis of Performance and Satisfaction 
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    The Provision of Relative Performance Feedback: An Analysis of Performance and Satisfaction

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    Accepted Version (313.0Kb)
    Volume
    25
    Pagination
    77 - 110
    DOI
    10.1111/jems.12151
    Journal
    Journal of Economics and Management Strategy
    Issue
    1
    ISSN
    1058-6407
    Metadata
    Show full item record
    Abstract
    © 2016 Wiley Periodicals, Inc. This paper studies the effect of providing relative performance feedback on individuals' performance, under two incentive schemes. In a laboratory setup, agents perform a real-effort task. We show that relative performance feedback increases performance when performance is related to pay (piece-rate) but has no effect on performance when pay is independent of performance (flat-rate). These effects are independent of the agent's relative position. Subjects are also asked to rate their satisfaction during the experiment. We find that under flat-rate, feedback has no effect on agents' satisfaction, while under piece-rate, feedback about relative position affects satisfaction.
    URI
    http://qmro.qmul.ac.uk/xmlui/handle/123456789/11194
    Collections
    • Economic Theory [21]
    Licence information
    • "This is the peer reviewed version of the following article which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/jems.12151/abstract. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving."
    Copyright statements
    © 2015 Wiley Periodicals, Inc.
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