Performance Incentives with Award Constraints

A-Tier
Journal: Journal of Human Resources
Year: 2002
Volume: 37
Issue: 4

Authors (2)

Pascal Courty (University of Victoria) Gerald Marschke (not in RePEc)

Score contribution per author:

2.018 = (α=2.02 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies the provision of incentives in a large government organization that is divided into independent pools of agencies. Each pool distributes performance awards to the agencies it supervises, subject to two constraints: the awards cannot be negative and the sum of the awards cannot exceed a fixed budget. The theory shows that the constraints on the award distribution bind for pools that are heterogeneous enough, resulting in inefficiencies. The empirical analysis presents conflicting evidence in light of the theory. A possible explanation is that the award designers may have additional objectives in addition to effort maximization.

Technical Details

RePEc Handle
repec:uwp:jhriss:v:37:y:2002:i:4:p:812-845
Journal Field
Labor
Author Count
2
Added to Database
2026-01-25