Design of incentive systems: experimental approach to incentive and sorting effects

Fehrenbacher, Dennis D.

Design of incentive systems: experimental approach to incentive and sorting effects - Berlin Physica-Verlag 2013 - xviii, 251 p. - Contributions to Management Science .

Monetary incentives, as a driving force for human behavior, are the main theme of this book. The primary goals underlying the application of monetary incentive systems in companies are motivating employees to strive for superior productivity in line with the interests of employers, and hiring adequately skilled employees. The first goal refers to incentive effects, the latter to sorting effects. This book introduces important theories and concepts concerning behavior under influence of monetary incentives; it reviews existing economic frameworks and identifies specific contingency variables. Based on an integrative framework of elements influencing incentive and sorting effects, a laboratory experiment is presented including detailed methodological discussion on experimentation and data analysis as well as an extensive presentation of findings and discussion of implications.​


http://www.springer.com/in/book/9783642335983

9783642335983


Incentive awards
Psychology, Applied
Business planning
Economics
Incentives in industry
Industrial organization
Incentive - Psychology
Industrial organization - Economic theory

658.3142 / F3D3