The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Identity and the Economics of Organizations
Abstract
The economics of organizations is replete with the pitfalls of monetary rewards and punishments to motivate workers. If economic incentives do not work, what does? This paper proposes that workers' self-image as jobholders, coupled with their ideal as to how their job should be done, can be a major work incentive. It shows how such identities can flatten reward schedules, as they solve “principal agent” problem. The paper also identifies and explores a new tradeoff: supervisors may provide information to principals, but create rifts within the workforce and reduce employees' intrinsic work incentives. We motivate the theory with examples from the classic sociology of military and civilian organizations.
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Cites
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Cited by
What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?
Levitt, S. D., & List, J. A. (2007) · Journal of Economic Perspectives · doi:10.1257/jep.21.2.153 · Cited by 2,668
Do institutional investors drive corporate social responsibility? International evidence
Dyck, A., Lins, K. V., Roth, L., & Wagner, H. F. (2019) · Journal of Financial Economics · doi:10.1016/j.jfineco.2018.08.013 · Cited by 2,547
Group Identity and Social Preferences
Chen, Y., & Li, S. X. (2009) · American Economic Review · doi:10.1257/aer.99.1.431 · Cited by 1,536
Economic Perspectives on Corporate Social Responsibility
Kitzmueller, M., & Shimshack, J. (2012) · Journal of Economic Literature · doi:10.1257/jel.50.1.51 · Cited by 1,116
Björkman, M., & Svensson, J. (2009) · Quarterly Journal of Economics · doi:10.1162/qjec.2009.124.2.735 · Cited by 739
“An individual worker may still put in high e¤ort if shirking deviates from her ideal choice, given the behavior of other sta¤ and the situation (Akerlof and Kranton, 2005).”
Metadata
- Authors
- Akerlof, G. A., & Kranton, R. E.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2005-02-01
- Volume
- 19
- Issue
- 1
- Pages
- 9-32
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2149027374
- Cited by
- 1,676
- References
- 4
- FWCI
- 212.95
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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