each other. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal …

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 …

provision of incentives. Relative price and income effects are shown to be identifiable and strong. A number of empirically …

We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated …). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …

in knowledge creation. This paper studies the effects of explicit and implicit, career concerns incentives common in … of German academics, I find that performance incentives attract more productive academics, and research quantity …

. Such behavior may call for high-powered incentives, so that increased effort by the worker little increases the income of … various assumptions about the object and generality of envy. Envy amplifies the effect of incentives on effort and, therefore …