Details

Design of Incentive Systems


Design of Incentive Systems

Experimental Approach to Incentive and Sorting Effects
Contributions to Management Science

von: Dennis D. Fehrenbacher

96,29 €

Verlag: Physica-Verlag
Format: PDF
Veröffentl.: 28.05.2013
ISBN/EAN: 9783642335990
Sprache: englisch
Anzahl Seiten: 251

Dieses eBook enthält ein Wasserzeichen.

Beschreibungen

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.​
1 Introduction.- 2 An Integrative Framework of Influences on Behavior.- 3 Experimental Design.- 4 Formulation of Hypotheses.- 5 Operationalization and Data Analysis Methods.- 6 Findings.- 7 Discussion and Outlook.
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.​
Provides an overview of latest incentive design research Shows a step-by-step procedure to conduct a behavioral experiment Provides new insights of human behavior and decision making under the influence of incentives? Includes supplementary material: sn.pub/extras

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