ON THE FOLLY OF REWARDING A+, WHILE ONLY NEEDING A : THE TRADEOFF BETWEEN JACKS OF ALL TRADES AND MASTERS OF ONE

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)peer-review

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Author(s)

Detail(s)

Original languageEnglish
Title of host publicationAcademy of Management Proceedings
PublisherAcademy of Management
Volume2008
Publication statusPublished - Aug 2008
Externally publishedYes

Conference

Title2008 Academy of Management Annual Meeting
PlaceUnited States
CityAnaheim
Period8 - 13 August 2008

Abstract

The paper extends Kerr’s (1975) seminal observations about distorted incentives. The current research theoretically and empirically identifies another important bias of distorted rewards, namely, the folly of rewarding A+, whiling only needing A. Specifically, we propose that because of biased perceptions of generalists, decision makers may overlook their real organizational needs and both recruit and overcompensate redundant personnel. Three studies demonstrate this judgment bias in the context of both corporate HR functions and the National basketball Association (NBA).

Research Area(s)

  • Compensation, Distorted incentives, Judgment and decision making

Citation Format(s)

ON THE FOLLY OF REWARDING A+, WHILE ONLY NEEDING A : THE TRADEOFF BETWEEN JACKS OF ALL TRADES AND MASTERS OF ONE. / Wang, Long.

Academy of Management Proceedings. Vol. 2008 Academy of Management, 2008.

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)peer-review