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Motivation crowding theory : a survey of empirical evidence
Frey, Bruno S.; Jegen, Reto - 2000
The motivation crowding effect suggests that an external intervention via monetary incentives or punishments may undermine (and under different indentifiable conditions strengthen) intrinsic motivation. As of today, the theoretical \lang1033 possibility of crowding effects is widely accepted...
Persistent link: https://www.econbiz.de/10009781519
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A multiplicity of approaches to institutional analysis : applications to the government and the arts
Frey, Bruno S. - 2009
Four types of economicsʺ relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...
Persistent link: https://www.econbiz.de/10003872188
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Financial returns to collecting rare political economy books
Ursprung, Heinrich W. - 2021
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012437910
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Have macroeconomic models lost their connection with economic reality?
Veen, Tom van - 2020
Macroeconomic theory has developed into increasingly sophisticated mathematical models. In the words of Mankiw … the development of macroeconomic theory over the past 40 years. The focus is on the main lines of thinking and the story … changes in macroeconomic theory and that the current debates after the GFC will be the start of a more plural approach to …
Persistent link: https://www.econbiz.de/10012211109
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Research governance in academia : are there alternatives to academic rankings?
Osterloh, Margit; Frey, Bruno S. - 2009
explicitly or implicitly agency theory as a theoretical basis. The emerging psychological economics opens a new perspective. As … theory ; psychological economics ; new public management ; economics of science ; control theory …
Persistent link: https://www.econbiz.de/10003887431
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Psychological foundations of incentives
Fehr, Ernst; Falk, Armin - 2002
During the last two decades economists have made much progress in understanding incentives, contracts and organisations. Yet, they constrained their attention to a very narrow and empirically questionable view of human motivation. The purpose of this paper is to show that this narrow view of...
Persistent link: https://www.econbiz.de/10011409795
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The epistemic vices of democracies in the age of populism
Bonatti, Luigi - 2023
rationally (in the sense of rational choice theory) pursuing them. This leads to a certain skepticism towards the idealization of …
Persistent link: https://www.econbiz.de/10014315089
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Household models : an historical perspective
Apps, Patricia (contributor); Rees, Ray (contributor) - 2007
Persistent link: https://www.econbiz.de/10003624695
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Please bring me the New York Times : on the European roots of richard Abel Musgrave
Sinn, Hans-Werner (contributor) - 2007
Persistent link: https://www.econbiz.de/10003499567
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Academic exclusion : some experiences
Hillman, Arye L.; Ursprung, Heinrich W. - 2016
We describe and compare the experiences of academic exclusion of Alexander Del Mar, J.A. Hobson, and Gordon Tullock. While aspects of the circumstances differed, a common element was academic exclusion because of challenges to mainstream views. Alexander Del Mar, J.A. Hobson, and Gordon Tullock...
Persistent link: https://www.econbiz.de/10011481205