The pied piper: prizes, incentives, and motivation crowding-in
Bonn, Germany: IZA Institute of Labor Economics, 2019
Online
Buch, Datenträger, Online-Ressource
- 1 Online-Ressource (37 Seiten) : Diagramme
Zugriff:
- Ruhr-Universität Bochum, Universitätsbibliothek (DE-294), Bibliothekskatalog
- Universitäts- und Landesbibliothek Bonn (DE-5), Bibliothekskatalog
eng: In mainstream business and economics, prizes such as the Presidential Medal of Freedom are understood as special types of incentives, with the peculiar features of being awarded in public, and of having largely symbolic value. Informed by both historical considerations and philosophical instances, our study defines fundamental theoretical differences between incentives and prizes. The conceptual factors highlighted by our analytical framework are then tested through a laboratory experiment. The experimental exercise aims to analyze how prizes and incentives impact actual individuals’ behavior differently. Our results show that both incentives (monetary and contingent) and prizes (non-monetary and discretional rewards) boost motivation to perform if awarded publicly, but only prizes crowd-in motivation promoting virtuous attitude.
Titel: |
The pied piper: prizes, incentives, and motivation crowding-in
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Verantwortlichkeitsangabe: | Luigino Bruni (LUMSA University), Vittorio Pelligra (University of Cagliari), Tommaso Reggiani (Masaryk University and IZA), Matteo Rizzolli (LUMSA University) ; IZA Institute of Labor Economics |
Autor/in / Beteiligte Person: | Bruni, Luigino (1966-) [Autor/in] ; Pelligra, Vittorio [Autor/in] ; Reggiani, Tommaso (1983-) [Autor/in] ; Rizzolli, Matteo [Autor/in] |
Körperschaft: | Forschungsinstitut zur Zukunft der Arbeit [Herausgeber/in] |
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Verwandtes Werk: | |
Veröffentlichung: | Bonn, Germany: IZA Institute of Labor Economics, 2019 |
Medientyp: | Buch |
Datenträgertyp: | Datenträger, Online-Ressource |
Umfang: | 1 Online-Ressource (37 Seiten) : Diagramme |
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