Using a moral hazard framework with limited liability with discrete effort levels we show that status incentives help in partially reducing the burden on monetary incentives. Yet, the disutility accruing from failure to achieve status dampens the efficiency of status as an incentive. The optimal...

Stock option contracts provide managers with dual incentives, motivating both effort and fraud. We show that although there exists an infinity of stock option contracts that induce a given level of effort, no contract behaviorally dominates another in the sense that it induces relatively greater...

Recent studies underline a positive impact of Information and Communication Technologies (ICT) and new work practices on firms' productivity. In order to obtain productivity gains, firms need to provide workers with sufficient incentives and to encourage motivations. Our econometric results,...