Project title Should what gets measured get managed?
Project duration 4 weeks
Description

Employees often perform multiple tasks at work and effort levels and productivity of employees in some tasks are more easily measured than in other tasks. Measurable tasks are likely to be used as key performance indicators (KPIs) that affect employee pay and promotions, while unmeasurable tasks might be contributing to firm profitability more. This project examines the motivational and self-selection effects of tying wages to measurable KPIs on effort levels in unobservable/unmeasurable tasks.

References:
Falk, A., & Kosfeld, M. (2006). The hidden costs of control. American Economic Review, 96(5), 1611-1630. https://www.aeaweb.org/articles?id=10.1257/aer.96.5.1611 

Expected outcomes and deliverables

The research student will have an opportunity to design an economics experiment, formulate a hypothesis and gain experience in programming an economics experiment, writing instructions and possibly conducting a pilot experiment. 

Suitable for

This project is open to third or fourth year business, economics and psychology students with a background in microeconomics. Computer science students with a background in economics are also welcome to apply.

Primary supervisor Dr Kenan Kalayci