monetary incentives

  1. J

    The effects of monetary incentives on effort and task performance

    Description The purpose of this paper is to review theories and evidence regarding the effects of (performance-contingent) monetary incentives on individual effort and task performance. We provide a framework for understandingthese effects in numerous contexts of interest to...
  2. J

    Using negotiated budgets for planning and performance evaluation: An experimental study

    Description Budgets are often simultaneously used for the conflicting purposes of planning and performance evaluation. While economic theory suggests that firms should use separate budgets for conflicting purposes this contrasts with existing evidence that firms rarely do so. We address two open...
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