Incentives at work: theory meets evidence from field experiments
01 / 2012 - 01 / 2016
he research field Personnel Economics emphasises strengths and weaknesses of monetary incentives for human behaviour in the workplace. This field has seen much progress in theory, but currently lacks high-quality empirical evidence. This research project aims to undertake field experiments to analyse the effects of monetary incentives (individual pay-for-performance, teambonus, tournaments). Linking performance data with questionnaire results, we test Personnel Economics? theories by exploring the determinants of the effects of incentives. We also investigate workers? preferences over different types of incentives, which provides insight into individuals? behaviour on the labour market.