Incentives based on esteem, honor and shame are increasingly popular and easy to use due to modern surveillance … Tirole (2011) to explore the effect of esteem-based incentives and their interaction with traditional monetary incentives. We … show that esteem-based incentives can indeed lead to a loss of control by generating multiple equilibria, some of which …

work, agents usually make their effort choice in response to competition and monetary incentives. At the same time, they … also allow for variations in incentives in one work period, in order to analyze spillover effects to the work periods … experimental data. A short-term increase in incentives in one period should lead to higher effort in that period, and, due to …

) - though almost omnipresent - have so far escaped the attention of economists. They present extrinsic, non-monetary incentives …The standard principal agent model considers monetary incentives only. It is assumed that money is more efficient than … differences between monetary incentives and awards: in general, awards are cheap, lead to interpersonal relationships, are not …