Not Just for the Money is popular PDF and ePub book, written by Bruno S. Frey in 1997, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Not Just for the Money can be Read Online from any device for your convenience.
Not Just for the Money Book PDF Summary
In Not Just for the Money Professor Frey challenges traditional economic theory and argues that people do not act in expectation of monetary gain alone, nor do they work solely because they are paid. Furthermore, the author claims that higher monetary compensation as well as regulations crowd-out motivation in important circumstances. Offering higher pay may make people less committed to their work and may reduce their performance. They thus behave in exactly the opposite way the fundamental price-effect of economics predicts.The first part of the book considers the Crowding-Out Effect and the Motivational Spill-Over Effect. The second part explores a large number of applications to constitutional questions, various policy issues and the organization of firms. The final part discusses the substantial consequences for policy making and economic theory.This path breaking book is bound to create controversy and debate. It will appeal not only to economists but to a wide range of social scientists who want to go beyond the traditional assumption of economic man.
Detail Book of Not Just for the Money PDF
- Author : Bruno S. Frey
- Release : 21 September 1997
- Publisher : Edward Elgar Pub
- ISBN : 1858988454
- Genre : Business & Economics
- Total Page : 156 pages
- Language : English
- PDF File Size : 11,9 Mb
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