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

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

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

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

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

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

Auszeichnungen die intrinsische Motivation, können die Wohlfahrt erhöhen und sind steuerfrei. Auszeichnungen sind ein wichtiges …

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

. The con- tract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal. We find …

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