The Motivational Theory of Life-Span Development (MTD) identifies motivational and self-regulatory strategies that people use to meet the challenges they face throughout life. The theory distinguishes control strivings related to goal engagement from those related to goal disengagement and goal...

This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for nonmaterial quality of life as well as self-reported...

The 1/n problem potentially limits the effectiveness of profit sharing in motivating workers. While the economic literature suggests that reciprocity can mitigate this problem, it remains silent on the optimal degree of reciprocity. We present a representative model demonstrating that...

We examine differences in altruism and laziness between public sector employees and private sector employees. Our theoretical model predicts that the likelihood of public sector employment increases with a worker·s altruism, and increases or decreases with a workers laziness depending on his...

The article discusses the conflict of goals between fair compensation for performance and equitable support based on need in modern welfare states, which is a subject of controversy in various disciplines. It answers the question of the extent to which this policy problem of modern welfare...

Whereas preferences of consumers are a cornerstone of market economies, preferences of employees e.g. regarding the preferred amount of paid labour are mostly not. However, we find strong evidence that differences between aspired and actually worked weekly hours have a serious negative impact on...