Question
Economics of Incentives - Do workers always work harder under control? Starting article: Schnedler, Wendelin, and Radovan Vadovic. Legitimacy of control. Journal of Economics &
Economics of Incentives - Do workers always work harder under control?
Starting article: Schnedler, Wendelin, and Radovan Vadovic. "Legitimacy of control." Journal of Economics & Management Strategy 20.4 (2011): 985-1009. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1012803
Please provide references of at least 10.
QUESTIONS:
a) please explain the question- Do workers always work harder under control? on the basis of the Legitimacy of control article. please see the link- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1012803
b) Answer the research question by applying the economic model in the starting paper.
c) Work through the starting article and understand its core message. Explain the message and the method of the Legitimacy of control.
d) Define the most important concepts and terms.
e) Explain the discussion the starting paper takes up (cited literature), and the discussion which has followed (literature citing the starting paper). Give management advice.
Thank you.
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