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Are monetary and non-monetary incentives used as substitutes in motivating effort? I address this question in a … laboratory experiment in which the choice of the job charac- teristics (i.e., the mission) is part of the compensation package … and non-monetary incentives imperfect. These findings have implications for the design of incentives in mission …
Persistent link: https://www.econbiz.de/10010941146
use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …Non-monetary incentives in the form of awards have so far escaped the attention of economists despite their widespread …
Persistent link: https://www.econbiz.de/10005627888
controlling parties, while a large percentage of subordinates under-provide effort despite pecuniary incentives to the contrary …
Persistent link: https://www.econbiz.de/10011240402
controlling parties, while a large percentage of subordinates under-provide effort despite pecuniary incentives to the contrary …
Persistent link: https://www.econbiz.de/10010817259
Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients’ subsequent research activity and status compared to a...
Persistent link: https://www.econbiz.de/10010817302
Academic economists today are caught in a “Publication Impossibility Theorem System” or PITS. To further their careers, they are required to publish in A-journals, but for the vast majority this is impossible because there are few slots open in such journals. Such academic competition maybe...
Persistent link: https://www.econbiz.de/10004979379
feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior …
Persistent link: https://www.econbiz.de/10004979383
: incentives are distorted, ossification is induced and the decision approach is wrongly conceived. As a result, evaluations are …
Persistent link: https://www.econbiz.de/10005760913
Unlike in other disciplines, research output in economics is commonly measured based on the journal titles in which an author has published. Here, I examine how much output measures based on journal titles tell us about the academic interest and relevance of economic papers as measured by...
Persistent link: https://www.econbiz.de/10008549997
After several decades of academic research on the contingent valuation (CV) method a consistent behavioral explanation of 'hypothetical bias' is still lacking. Based on evidence from economics, economic psychology and the political sciences, I propose an explanation that is based on two simple...
Persistent link: https://www.econbiz.de/10005566324