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theory. In many contexts they are superior to monetary compensation …
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. First steps towards integrating awards into economic theory are undertaken. -- Awards ; non-monetary incentives ; economics …
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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...
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. First steps towards integrating awards into economic theory are undertaken …
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