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More Order with Less Law : On Contract Enforcement, Trust and Crowding
Bohnet, Iris; Frey, Bruno S.; Huck, Steffen - 2003
law", it typically is assumed, increases the likelihood of contract performance by increasing the probability of … she wants to enter a contract without knowing whether the second mover will perform. We analyze how contract … find that economic incentives have a non-monotonic impact on behavior. Individuals perform a contract when enforcement is …
Persistent link: https://www.econbiz.de/10014150985
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Knight Fever: Towards an Economics of Awards
Frey, Bruno S. - 2005
Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...
Persistent link: https://www.econbiz.de/10012168210
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Awards - A View from Psychological Economics
Frey, Bruno S.; Neckermann, Susanne - 2008
Awards in the form of orders, decorations, prizes, and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit, and profit-oriented firms. This paper argues that awards present a unique combination of different stimuli and that they are distinct and unlike other...
Persistent link: https://www.econbiz.de/10012168280
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Awards - A View From Psychological Economics
Frey, Bruno S.; Neckermann, Susanne - 2008
Awards in the form of orders, decorations, prizes, and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit, and profit-oriented firms. This paper argues that awards present a unique combination of different stimuli and that they are distinct and unlike other...
Persistent link: https://www.econbiz.de/10012168293
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Corporate governance of Benedictine abbeys : what can stock corporations learn from monasteries?
Rost, Katja; Inauen, Emil; Osterloh, Margit; Frey, Bruno S. - 2008
Persistent link: https://www.econbiz.de/10003773337
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Shareholders should welcome knowledge workers as directors
Osterloh, Margit; Frey, Bruno S. - 2006
Persistent link: https://www.econbiz.de/10003338048
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Academics appreciate awards : a new aspect of incentives in research
Frey, Bruno S.; Neckermann, Susanne - 2009
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 performance pay to reward scientific tasks, which are...
Persistent link: https://www.econbiz.de/10003807766
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Research governance in academia : are there alternatives to academic rankings?
Osterloh, Margit; Frey, Bruno S. - 2009
Peer reviews and rankings today are the backbone of research governance, but recently came under scrutiny. They take explicitly or implicitly agency theory as a theoretical basis. The emerging psychological economics opens a new perspective. As scholarly research is a mainly curiosity driven...
Persistent link: https://www.econbiz.de/10003887431
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Awards as compensation
Frey, Bruno S. - In: European management review : the journal of the … 4 (2007) 1, pp. 6-14
Persistent link: https://www.econbiz.de/10003462774
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Awards as compensation? : comment
Czarniawska, Barbara - In: European management review : the journal of the … 4 (2007) 1, pp. 19-20
Persistent link: https://www.econbiz.de/10003462785