Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...

Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...

The digital revolution has led to a quantification of ever more areas of human life and society. At the same time, there is an explosion of the number of awards, which by their very nature are based on non-quantified performance. Will quantification take over completely, leading to...

Cover -- Zum Inhalt / Zum Autor -- Titel -- Vorwort -- Inhaltsverzeichnis -- Einführung -- 1. Der Markt -und darüber hinaus -- Teil A: Der Verdrängungseffekt -- 2. Alltagserfahrungen -- 3. Psychologischer Hintergrund -- 4. Integration in die Wirtschaftstheorie -- 5. Der Übertragungs-Effekt...

The motivation crowding effect suggests that an external intervention via monetary incentives or punishments may undermine (and under different indentifiable conditions strengthen) intrinsic motivation. As of today, the theoretical possibility of crowding effects is widely accepted among...