The effects of incentives, social norms, and employees' values on work performance
Michael Roos,
Jessica Reale,
Frederik Banning
Abstract:This agent-based model contributes to a theory of corporate culture in which company performance and employees' behaviour result from the interaction between financial incentives, motivational factors and endogenous social norms. Employees' personal values are the main drivers of behaviour. They shape agents' decisions about how much of their working time to devote to individual tasks, cooperative, and shirking activities. The model incorporates two aspects of the management style, analysed both in isolation a… Show more
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