Awards, incentives and mutual benefit

Sugden, Robert (2019) Awards, incentives and mutual benefit. International Review of Economics, 66 (1). 5–16. ISSN 1865-1704

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Abstract

Frey argues that if buyers and sellers of labour understand their relationship merely as exchange, workers’ intrinsic motivation can be impaired; this problem can be partially overcome by using awards as a supplementary reward mechanism. I argue that this proposal is self-defeating. In an economy that relies on the division of labour, it is an unavoidable fact that individuals are subject to the will of others; award-giving practices are merely camouflage. However, recognising this fact need not impair anyone’s sense of autonomy as a paid worker if participation in market exchanges is understood as expressing intentions for mutual benefit.

Item Type: Article
Uncontrolled Keywords: awards,incentives,mutual benefit,intrinsic motivation
Faculty \ School: Faculty of Social Sciences > School of Economics
UEA Research Groups: Faculty of Social Sciences > Research Centres > Centre for Competition Policy
Faculty of Social Sciences > Research Groups > Economic Theory
Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences
Faculty of Social Sciences > Research Groups > Behavioural Economics
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Depositing User: Pure Connector
Date Deposited: 22 Dec 2017 06:07
Last Modified: 20 Apr 2023 00:46
URI: https://ueaeprints.uea.ac.uk/id/eprint/65809
DOI: 10.1007/s12232-017-0288-1

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