Employers want motivated and productive employees. Are there ways to increase employee motivation without relying solely on monetary incentives, such as pay-for-performance schemes? One tool that has shown promise in recent decades for improving worker performance is setting goals, whether they...

Early studies often found that offering economic incentives for undertaking prosocial and intrinsically motivated activities can crowd out motivation to perform these activities. More recent work highlights nuanced and important features related to whether crowding out (or substitution) is...

Das europäische Emissionshandelssystem ist das zentrale Element der EU-Klimapolitik und umfasst knapp die Hälfte der europäischen Treibhausgasemissionen. Mehr als zehn Jahre nach seiner Einführung besteht ein großes Forschungsinteresse an seiner Funktionsfähigkeit und am Verhalten der...

The aim of this arti cle is to show that the New Insti tuti onal Economics is an interdisciplinary stream combining economics, law, organizati on theory, politi cal sciences, sociology, and anthropology. The main theories which are part of the New Insti tuti onal Economics are: Agency Theory,...

The keys to effective teamwork in firms are (1) carefully designed team-formation policies that take into account what level of diversity of skills, knowledge, and demographics is desirable and (2) balanced team-based incentives. Employers need to choose policies that maximize the gains from...

The current rules of the social and economic system have allowed the development of the sharing economy. However, through their spread across numerous industries, institutional inconsistencies and discussions on new regulation requirements have emerged demanding a re-assessment of rules, e.g. in...