Design of Incentive Systems

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Monetary incentives are explored as a crucial factor influencing human behavior within companies, focusing on their role in enhancing employee productivity and attracting skilled workers. The book delves into the theories and concepts surrounding these incentives, examining their incentive and sorting effects. An integrative framework is presented, along with a laboratory experiment that includes a thorough methodological discussion and analysis of data. The findings are extensively discussed, highlighting their implications for understanding the dynamics of incentive systems in the workplace.