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 …

use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …Non-monetary incentives in the form of awards have so far escaped the attention of economists despite their widespread …

, and not driven by reverse causation. -- awards ; motivation ; non-monetary compensation ; event-study ; incentives …

Social incentives like employee awards are widespread in the corporate sector and may be important instruments for … various theories that could explain the effect. -- Awards ; Motivation ; Non-monetary Compensation ; Insider Econometrics …

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 … complement, or even substitute for, monetary incentives. While we discuss awards in the context of academia, our conclusions …

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 … complement, or even substitute for, monetary incentives. While we discuss awards in the context of academia, our conclusions …

Social incentives like employee awards are widespread in the corporate sector and may be important instruments for …

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