Not Just for the Money: An Economic Theory of Personal Motivation

Bruno S. Frey

ISBN 10: 1858988454 / ISBN 13: 9781858988450

Verlag: Edward Elgar Publishing, 1998

Former library book; May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Bestandsnummer des Verkäufers G1858988454I4N10

Inhaltsangabe:

In Not Just for the Money Professor Frey challenges traditional economic theory and argues that people do not act in expectation of monetary gain alone, nor do they work solely because they are paid. Furthermore, the author claims that higher monetary compensation as well as regulations crowd-out motivation in important circumstances. Offering higher pay may make people less committed to their work and may reduce their performance. They thus behave in exactly the opposite way the fundamental price-effect of economics predicts.

The first part of the book considers the Crowding-Out Effect and the Motivational Spill-Over Effect. The second part explores a large number of applications to constitutional questions, various policy issues and the organization of firms. The final part discusses the substantial consequences for policy making and economic theory.

This path breaking book is bound to create controversy and debate. It will appeal not only to economists but to a wide range of social scientists who want to go beyond the traditional assumption of economic man.

Über die Autorin bzw. den Autor: Bruno S. Frey, Distinguished Professor of Behavioural Science, University of Warwick, UK, Guest Professor, Zeppelin University, Friedrichshafen, Germany and Research Director, CREMA – Centre for Research in Economics, Management and the Arts, Switzerland

Bibliografische Details

Titel: Not Just for the Money: An Economic Theory ...
Verlag: Edward Elgar Publishing
Erscheinungsdatum: 1998
Einband: Paperback
Zustand: Very Good
Zustand des Schutzumschlags: No Jacket