This paper analyzes awards as a means of motivation prevalent in the scientific community, but so far neglected in the … economic literature on incentives, and discusses their relationship to monetary compensation. Awards are better suited than … complement, or even substitute for, monetary incentives. While we discuss awards in the context of academia, our conclusions …

Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased … monetary incentives improve all teams' outcomes without crowding out teams' willingness to explore or perform similar tasks …

Despite the prevalence of non-routine analytical team tasks in modern economies, little is known about how incentives … bonus incentives on the probability of completion of such a task. Bonus incentives increase performance due to the reward … minor role. Incentives improve performance also in an additional sample of presumably less motivated workers. However …

). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in …We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …

formal model on labor supply and performance for individuals with different degrees of risk aversion and intrinsic motivation …

in knowledge creation. This paper studies the effects of explicit and implicit, career concerns incentives common in … of German academics, I find that performance incentives attract more productive academics, and research quantity …

interaction with monetary incentives. We find that motivational talk significantly improves performance only if it is accompanied …