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Towards an economics of awards
Frey, Bruno S.; Gallus, Jana - In: Journal of economic surveys 31 (2017) 1, pp. 190-200
Persistent link: https://www.econbiz.de/10011757036
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Awards - the Neglected Incentives
Frey, Bruno S. - 2006
The standard principal agent model considers monetary incentives only. It is assumed that money is more efficient than …) - though almost omnipresent - have so far escaped the attention of economists. They present extrinsic, non-monetary incentives … differences between monetary incentives and awards: in general, awards are cheap, lead to interpersonal relationships, are not …
Persistent link: https://www.econbiz.de/10012734634
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Awards of strategic signals
Gallus, Jana; Frey, Bruno S. - In: Journal of management inquiry 26 (2017) 1, pp. 76-85
Persistent link: https://www.econbiz.de/10011632506
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Honours versus money : the economics of awards
Frey, Bruno S.; Gallus, Jana - 2017 - First edition
Honours fulfil one of the most fundamental desires of human beings, namely, to be recognised and held in esteem by others. There are thousands of awards in all areas of society: the state, arts and media, sports, religion, the voluntary sector, academia, and business. Awards are well visible,...
Persistent link: https://www.econbiz.de/10011706588
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Knight fever : towards an economics of awards
Frey, Bruno S. - 2005
provision of incentives. Relative price and income effects are shown to be identifiable and strong. A number of empirically …
Persistent link: https://www.econbiz.de/10010261193
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Academics appreciate awards: a new aspect of incentives in research
Frey, Bruno S.; Neckermann, Susanne - 2009
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 …
Persistent link: https://www.econbiz.de/10010264544
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What is an award worth? : an econometric assessment of the impact of awards on employee performance
Neckermann, Susanne; Cueni, Reto; Frey, Bruno S. - 2009
Behavioral economics documents the importance of status and self-image concerns in the workplace, but is largely silent about how to instrumentalize them to induce effort. Awards - widespread in the corporate sector and elsewhere - are motivators that derive their value from such social...
Persistent link: https://www.econbiz.de/10010273799
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Does the John Bates Clark Medal boost subsequent productivity and citation success?
Chan, Ho Fai; Frey, Bruno S.; Gallus, Jana; Torgler, Benno - 2013
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/10010316904
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Academic honors and performance
Chan, Ho Fai; Frey, Bruno S.; Gallus, Jana; Torgler, Benno - In: Labour economics : official journal of the European … 31 (2014), pp. 188-204
Persistent link: https://www.econbiz.de/10011299823
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Does the John Bates Clark Medal boost subsequent productivity and citation success?
Chan, Ho Fai; Frey, Bruno S.; Gallus, Jana; Torgler, Benno - 2013
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/10009747838