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dc.contributor.authorEncinosa, William E.en
dc.contributor.authorGaynor, Martinen
dc.contributor.authorRebitzer, James B.en
dc.date.accessioned2006-03-09-
dc.date.accessioned2010-07-07T09:07:43Z-
dc.date.available2010-07-07T09:07:43Z-
dc.date.issued2005-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1851en
dc.subject.jelD21en
dc.subject.jelD22en
dc.subject.jelJ40en
dc.subject.jelJ41en
dc.subject.ddc330en
dc.subject.keywordincentivesen
dc.subject.keywordsocial normsen
dc.subject.keywordphysiciansen
dc.subject.stwVergütungssystemen
dc.subject.stwLeistungsorientierte Vergütungen
dc.subject.stwLeistungsanreizen
dc.subject.stwSoziale Normen
dc.subject.stwSoziale Gruppeen
dc.subject.stwÄrzteen
dc.subject.stwTheorieen
dc.titleThe sociology of groups and the economics of incentives: theory and evidence on compensation systems-
dc.type|aWorking Paperen
dc.identifier.ppn508677033en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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