The impact of tournament horizon scheme and relative performance information on performance
DOI:
https://doi.org/10.33603/jka.v4i1.3161Abstrak
This study investigates the effect of the tournament horizon scheme and the publication frequency of relative performance information to performance. This research uses an experimental method with a 3 x 2 factorial design between subjects. The horizontal scheme is manipulated to be 3 (Hybrid vs. repeated vs. grand) while the publication frequency of relative performance information is manipulated to 2 (high and low). The results of this study indicate that the tournament horizon scheme as a basis for providing monetary incentives is quite effective in encouraging performance improvement. While the publication frequency of relative performance information as an effort to compare social conditions and not as a basis for monetary incentives is not powerful to trigger performance. Individu as rational economic man, monetary incentives are a trigger for more considerable effort and performance than non-monetary incentives.
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