Social interaction, co-worker altruism, and incentives

@article{Dur2010SocialIC,
  title={Social interaction, co-worker altruism, and incentives},
  author={Robert Dur and Joeri Sol},
  journal={Games and Economic Behavior},
  year={2010},
  volume={69},
  pages={293-301}
}
Social interaction with colleagues is an important job attribute for many workers. To attract and retain workers, managers therefore need to think about how to create and preserve high-quality co-worker relationships. This paper develops a principal-multi-agent model where agents do not only engage in productive activities, but also in social interaction with their colleagues, which in turn creates co-worker altruism. We study how financial incentives for productive activities can improve or… CONTINUE READING
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