A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of …

talented workers leads to an escalating reliance on performance pay and other high-powered incentives, thereby shifting effort … incentives downward in order to extract rents. More generally, as declining market frictions lead employers to compete more …, while inequality tends to rise monotonically. Bonus caps and income taxes can help restore balance in agents' incentives and …

performance incentives, on behavior of care providers filing applications for providing long-term care services to patients. We … degree of control reduces the number of applications and that introducing performance incentives reduces this even further …

, the model offers an explanation for motivational crowding out: Control systems and pecuniary incentives may erode morale …

We provide evidence on the match between firms, managers and incentives using a new survey designed for this purpose … implicit incentives they face and on the firms they work for. We model a market for managerial talent where both firms and …

, and local development objectives of technology license offices. Royalty incentives work both by raising faculty effort and … sorting scientists across universities. The effect of incentives works primarily by increasing the quality (value) rather than …