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...
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...