Honours versus money the economics of awards / Bruno S. Frey and Jana Gallus.

Author/creator Frey, Bruno S.
Other author Gallus, Jana.
Other author Oxford University Press.
Format Electronic
EditionFirst edition.
Publication InfoOxford, United Kingdom : Oxford University Press, 2017.
Descriptionvii, 129 pages : illustrations ; 22 cm
Supplemental ContentFull text available from Oxford Scholarship Online
Subjects

Variant title Honors vs. money
Summary Honours fulfil one of the most fundamental desires of human beings, namely, to be recognised and held in esteem by others. There are thousands of awards in all areas of society: the state, arts and media, sports, religion, the voluntary sector, academia, and business. Awards are well visible, can raise the recipients' intrinsic motivation and creativity, and establish a bond of loyalty to the giver. They have distinct advantages over money and other rewards. 0Presenting empirical evidence using modern statistical techniques 'Honours versus Money' argues that awards can significantly raise performance in different contexts even if they are purely symbolic, recommending how this can be used in practice. It makes the case for reorienting our focus- away from the monetary or material dimensions of work and private life, and towards the symbolic dimensions to celebrate and shine a light on merit and achievement. 0'Honours versus Money' discusses award bestowals in their different forms and facets, including as signals and as components of organisations' human resource strategies. It opens our perspective for motivational strategies beyond money, while also outlining their potential pitfalls.
Bibliography noteIncludes bibliographical references (pages 113-123) and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2017932969
ISBN9780198798507
ISBN0198798504

Availability

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Electronic Resources Access Content Online ✔ Available