Design of Incentive Systems: Experimental Approach to Incentive and Sorting Effects
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.​
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Design of Incentive Systems: Experimental Approach to Incentive and Sorting Effects
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.​
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Design of Incentive Systems: Experimental Approach to Incentive and Sorting Effects

Design of Incentive Systems: Experimental Approach to Incentive and Sorting Effects

by Dennis D. Fehrenbacher
Design of Incentive Systems: Experimental Approach to Incentive and Sorting Effects

Design of Incentive Systems: Experimental Approach to Incentive and Sorting Effects

by Dennis D. Fehrenbacher

Paperback(2013)

$109.99 
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Overview

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.​

Product Details

ISBN-13: 9783642427541
Publisher: Springer Berlin Heidelberg
Publication date: 02/08/2015
Series: Contributions to Management Science
Edition description: 2013
Pages: 251
Product dimensions: 6.10(w) x 9.25(h) x 0.02(d)

Table of Contents

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.
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