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Piecework versus merit pay: a Mean Fi eld Game approach to academic behavior

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  • Damien Besancenot

    ()
    (CEPN - Centre d'Economie de l'Université Paris Nord - Université Paris XIII - Paris Nord - CNRS : UMR7234)

  • Jean-Michel Courtault

    ()
    (CEPN - Centre d'Economie de l'Université Paris Nord - Université Paris XIII - Paris Nord - CNRS : UMR7234)

  • Khaled El Dika

    ()
    (LAGA - Laboratoire Analyse, Géométrie et Application - CNRS : UMR7539 - Université Paris XIII - Paris Nord - Université Paris VIII - Vincennes Saint-Denis)

Abstract

This paper applies the Mean Fi eld Game approach pioneered by Lasry and Lions (2007) to the analysis of the researchers' academic productivity. It provides a theoretical motivation for the stability of the universaly observed Lotka's law. It shows that a remuneration scheme taking into account the researchers rank with respect to the academic resume can induce a larger number of researchers to overtake a minimal production standard. It thus appears as superior to piecework remuneration.

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File URL: http://halshs.archives-ouvertes.fr/docs/00/63/21/71/PDF/Piecework13-10.pdf
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Bibliographic Info

Paper provided by HAL in its series CEPN Working Papers with number halshs-00632171.

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Date of creation: 13 Oct 2011
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Handle: RePEc:hal:cepnwp:halshs-00632171

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00632171
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Related research

Keywords: Mean Field Game; Academic production; incentives; Lotka's law.;

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  1. Louis Lévy-Garboua, 2008. "Rapport sur le premier concours national d'agrégation de l'enseignement supérieur pour le recrutement de Professeurs des Universités en Sciences Economiques (Année 2007-2008)," Revue d'économie politique, Dalloz, vol. 0(5), pages 603-623.
  2. Pierre-Philippe COMBES & Laurent LINNEMER, 2001. "La publication d'articles de recherche en économie en France," Annales d'Economie et de Statistique, ENSAE, issue 62, pages 5-47.
  3. Arthur M. Diamond Jr., 1986. "What is a Citation Worth?," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 200-215.
  4. Denis FOUGÈRE & Dominique GOUX & Éric MAURIN, 2001. "Formation continue et carrières salariales. Une évaluation sur données individuelles," Annales d'Economie et de Statistique, ENSAE, issue 62, pages 49-69.
  5. Xavier Gabaix, 2009. "Power Laws in Economics and Finance," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 255-294, 05.
  6. Pierre-Philippe Combes & Laurent Linnemer & Michael Visser, 2006. "Publish or peer-rich ? The role of skills and networks in hiring economics professors," Research Unit Working Papers 0604, Laboratoire d'Economie Appliquee, INRA.
  7. Dubois, Pierre & Rochet, Jean-Charles & Schlenker, Jean-Marc, 2010. "What Does It Take to Become a Good Mathematician?," TSE Working Papers 10-160, Toulouse School of Economics (TSE).
  8. Jean-Michel Courtault & Naïla Hayek & Eric Rimbaux & Tong Zhu, 2010. "Research in Economics and Management in France: A bibliometric study using the h-index," Post-Print hal-00489936, HAL.
  9. Glenn Ellison, 2010. "How Does the Market Use Citation Data? The Hirsch Index in Economics," NBER Working Papers 16419, National Bureau of Economic Research, Inc.
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