Summary

Economists traditionally focus on monetary compensation when examining incentives, but awards are of immense practical relevance as can be inferred from their prevalence in the form of state orders, decorations and prizes, according to Bruno Frey and Susanne Neckermann.

Recommended Citation

Frey, Bruno S. and Neckermann, Susanne (2009) "Abundant but Neglected: Awards as Incentives," The Economists' Voice: Vol. 6 : Iss. 2, Article 1.
DOI: 10.2202/1553-3832.1378
Available at: http://www.bepress.com/ev/vol6/iss2/art1