Incentives to Improve Education: A New Perspective

Incentives to Improve Education identifies three categories of incentives: rewards, (financial rewards for teachers), competition (educational choice, often in the form of payment for education by voucher) and threats (introduction of external standards and accountability for performance).

Using new institutional economics as a basis, Robert McMeekin develops a theoretical framework in which micro-level institutions - the 'rules of the game' - within school organizations influence the effort...