Could this be an even bigger motivator than money?
Several findings in the recent economics and psychology literature document that workers and employees don’t care only about earning (more) money in their job, but that other, non-monetar...
Michael Kosfeld is a Professor of Business Administration at Goethe University Frankfurt, where he holds the Chair of Organisation and Management. He graduated in Mathematics from the University of Bonn in 1995 and received his PhD in Economics from Tilburg University in 1999. Before joining Goethe University he was employed at the Institute for Empirical Research in Economics at the University of Zurich from 2000 to 2008. His primary area of research is behavioural and organisational economics with a particular interest in the theoretical and experimental analysis of social interaction, boundedly rational decision-making and the psychology of incentives.
Michael Kosfeld is Director of the Frankfurt Laboratory for Experimental Economic Research (FLEX) and the Center for Leadership and Behavior in Organizations (CLBO), both at Goethe University. He is a fellow of CEPR, CESifo, IZA, and ZEF.
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