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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/10010323024
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
in such journals. Such academic competition is held to provide the right incentives for hard work, but there may be …
Persistent link: https://www.econbiz.de/10010264595
alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior. These …
Persistent link: https://www.econbiz.de/10010266023
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
increase it. On the other hand, there are feasible alternatives such as positive incentives for law-abiding behavior. These …
Persistent link: https://www.econbiz.de/10010377902
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
feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior …
Persistent link: https://www.econbiz.de/10010285684
Persistent link: https://www.econbiz.de/10000892516
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/10012168210