@techreport{Dur2008Social,
abstract = {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 damage the work climate. We show that both team incentives and relative incentives can help to create a good work climate. We discuss some empirical evidence supporting these predictions.},
address = {M\"{u}nchen},
author = {Robert Dur and Joeri Sol},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {D86; J41; M50; 330; Social interaction; altruism; incentive contracts; co-worker satisfaction; Betriebsklima; Gruppenarbeit; Altruismus; Leistungsanreiz; Arbeitszufriedenheit; Agency Theory; Theorie},
language = {eng},
number = {2476},
publisher = {CESifo},
title = {Social interaction, co-Worker altruism, and incentives},
type = {CESifo working paper},
url = {http://hdl.handle.net/10419/26521},
year = {2008}
}
