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A model of employment relation is provided in which agents choose whether to seek self-esteem through work. When they do, they develop an intrinsic motivation to effort. Depending on non-wage characteristics of the job the employer wants to fill, she can encourage this intrinsic motivation by a well-designed contract. We show that the profitability as well as the efficiency of the employment relation may depend on non-wage gratification opportunities workers get.
|Date of creation:||Sep 2005|
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- Fehr, Ernst & Falk, Armin, 2002.
"Psychological foundations of incentives,"
European Economic Review,
Elsevier, vol. 46(4-5), pages 687-724, May.
- Ernst Fehr & Armin Falk, "undated". "Psychological Foundations of Incentives," IEW - Working Papers 095, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr, 2003. "Psychological Foundations of Incentives," Microeconomics 0305010, EconWPA.
- Ernst Fehr & Armin Falk, 2002. "Psychological Foundations of Incentives," CESifo Working Paper Series 714, CESifo Group Munich.
- Falk, Armin & Fehr, Ernst, 2002. "Psychological Foundations of Incentives," CEPR Discussion Papers 3185, C.E.P.R. Discussion Papers.
- Fehr, Ernst & Falk, Armin, 2002. "Psychological Foundations of Incentives," IZA Discussion Papers 507, Institute for the Study of Labor (IZA).
- Osterman, Paul, 1994. "Supervision, Discretion, and Work Organization," American Economic Review, American Economic Association, vol. 84(2), pages 380-384, May.
- George A. Akerlof & Rachel E. Kranton, 2000. "Economics and Identity," The Quarterly Journal of Economics, Oxford University Press, vol. 115(3), pages 715-753.
- George A. Akerlof & Rachel E. Kranton, 2005. "Identity and the Economics of Organizations," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 9-32, Winter.
- Corcoran, Mary E & Courant, Paul N, 1985. "Sex Role Socialization and Labor Market Outcomes," American Economic Review, American Economic Association, vol. 75(2), pages 275-278, May.
- repec:sae:ilrrev:v:52:y:1999:i:3:p:361-392 is not listed on IDEAS
- Alan Manning & Ted To, 2002. "Oligopsony and Monopsonistic Competition in Labor Markets," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 155-174, Spring.
- McCrate, Elaine, 1988. "Gender Differences: The Role of Endogenous Preferences and Collective Action," American Economic Review, American Economic Association, vol. 78(2), pages 235-239, May.
- Kreps, David M, 1997. "Intrinsic Motivation and Extrinsic Incentives," American Economic Review, American Economic Association, vol. 87(2), pages 359-364, May. Full references (including those not matched with items on IDEAS)
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