Timo Vogelsang

🚨Publication🚨“Information, Incentives, and Attention: A Field Experiment on the Interaction of Management Controls“accepted at TAR 🥳 Our field exp w a firm shows: 1️⃣info/incentives increase profit 📈 2️⃣attention 🎯is important when analyzing controls meridian.allenpress.com/accounting-rev…

I finally have a publication date for my new Experimental Economics textbook: December 12. Equally as important, I am proud to have negotiated a low price for the book: $38.10...for a nearly 800 page book! You can find the book here: amazon.com/Experimental-E…

NEW Research Handbook on #PerformanceMeasurement for #Management Control, eds Anne M. Lillis and Jennifer Grafton @UniMelb tinyurl.com/uw6wj28y Read a sample chapter doi.org/10.4337/978180… #Control #Strategy #Performance

🚨 We Are Hiring: Assistant Professor of Accounting 🚨 Information about our department: lnkd.in/ehXDJ5S6 Applications should be submitted via Interfolio (lnkd.in/eCFedKCm) by December 8, 2024.

Pleased to see The Economist featuring my work on the signaling effects of bonuses. The article explores how incentive systems can sometimes produce unintended outcomes. @TheEconomist #incentives #bonus economist.com/business/2024/…

@HarvardBiz Happy to discuss!

What to do when bonuses backfire. s.hbr.org/47dRhRY

Excited to share our latest article for Harvard Business Review 🎉, where we dive into the unintended consequences of bonuses 💰 and how they can sometimes backfire. 📉 hbr.org/2024/09/resear… @HarvardBiz #bonuses #incentives #backfiring

📊One Picture Says It All: Employees Who Are Dismissed Tend to Increase Their Absence During Their Remaining Time.🏠 Working Paper: lnkd.in/ezc_2Tfx

🚨 @elonmusk, did you know your planned attendance bonus at the German plant might backfire? My study shows that a similar bonus increased absenteeism by 50%! 🤔📉 Check out the details here: [pubsonline.informs.org/doi/abs/10.128…] #Tesla #HR #EmployeeEngagement #Compensation #Bonuses

2️⃣ Why is it still so challenging to encourage practitioners to first evaluate such changes through a rigorous field experiment?

📰 Tesla introduces an attendance bonus for its employees at a plant in Germany. ❗However, my recently published study, (pubsonline.informs.org/doi/abs/10.128…), suggests that this is likely not a good idea. This raises two important questions for me: (1/3)

1️⃣ Why is it still so difficult to bring research studies to the attention of practitioners—even when they are as practice-oriented as ours? (2/3)

@NataliaHEmanuel @JennaEStearns Yes! Gender equality!!!…but not always.

Many academic institutions give equal tenure extensions to birthing and nonbirthing parents. This seems odd, not least because research by @JennaEStearns and co suggests that fathers use leave to do more research rather than bond pubs.aeaweb.org/doi/pdfplus/10…

Science paper shows pregnancy requires 10x more energy than we previously thought. science.org/doi/10.1126/sc… How should this impact parental leave policy? 🧵1/n

RIP my friend. You always had such a big heart and your willingness to help anyone was unwavering. We will miss your candid humor, your scientific sharpness, and your big heart @GaryCharness.

🎉 Now available online with open access! Our field experiment studies the trade-offs of relative performance information in multitask settings. We find that more information is not always better & that employees use such information less than expected. onlinelibrary.wiley.com/doi/full/10.11…

@Econ_4_Everyone A, B, C, D … it strongly depends on the environment!

When it comes to inducing more effort, which bonus scheme typically works best (don't be fooled by the picture, the stash of cash is isomorphic)? A. Work hard to earn cash as a bonus B. Receive cash and work hard to keep it C. Equally as effective D. Neither works I will draw 3 winners from the correct answers to receive a signed Voltage Effect book and t-shirt! I will also draw one winner randomly who reposts my post.

🎯 ✅ Exciting news! Our paper about a voluntary benchmarking app for employees got accepted at the Journal of Accounting Research (JAR)! A pre-version of the accepted paper is available at SSRN 📖: ssrn.com/abstract=46148… #JOARChiBooth @VogelsangTimo

@SebastianTonke @r_m_rilke @c_a_gravert 🔥🔥🔥

@r_m_rilke @c_a_gravert There are lots of RCTs using social norms. Another way to encourage resource conservation, which is less understood is to give a short, salient, and actionable list of concrete advice on how to conserve resources. Hot off the press 😉 sciencedirect.com/science/articl…

@mlisi6 Do you have the data?

I am incredibly happy to announce my promotion to Associate Professor with tenure! 😊🥳 I want to express gratitude to everyone who supported me throughout this journey. Special thanks to my co-authors&current/former colleagues - your collaboration makes my work truly enjoyable.

We are establishing an Economics track in the @FrankfurtSchool Doctoral Programme! US-style, structured, 5-year programme with full funding provided to all successful applicants. frankfurt-school.de/home/programme… Online info session on Nov 6, 15:00-16:00h (CET)! More info in next post.