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dc.contributor.authorEncinosa, William E.en_US
dc.contributor.authorGaynor, Martinen_US
dc.contributor.authorRebitzer, James B.en_US
dc.date.accessioned2006-03-09en_US
dc.date.accessioned2010-07-07T09:07:43Z-
dc.date.available2010-07-07T09:07:43Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/33177-
dc.description.abstractWhen working together, people engage in non-contractual and informal interactions that constitute the sociology of the group. We use behavioral models and a unique survey of medical groups to analyze how group sociology influences physician incentive pay and behavior. We conclude that informal interactions among group members influence pay practices and behaviors, but the relationship is complex. No single aspect of group sociology is entirely consistent with all the patterns in the data. Factors emphasized in the economic theory of agency, notably risk aversion, also shape pay policies but these factors cannot account for all the observed empirical relationships.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 1851en_US
dc.subject.jelD21en_US
dc.subject.jelD22en_US
dc.subject.jelJ40en_US
dc.subject.jelJ41en_US
dc.subject.ddc330en_US
dc.subject.keywordincentivesen_US
dc.subject.keywordsocial normsen_US
dc.subject.keywordphysiciansen_US
dc.subject.stwVergütungssystemen_US
dc.subject.stwLeistungsorientierte Vergütungen_US
dc.subject.stwLeistungsanreizen_US
dc.subject.stwSoziale Normen_US
dc.subject.stwSoziale Gruppeen_US
dc.subject.stwÄrzteen_US
dc.subject.stwTheorieen_US
dc.titleThe sociology of groups and the economics of incentives: theory and evidence on compensation systemsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn508677033en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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