Incentives: Motivation and the Economics of Information
Publisher: Cambridge University Press
Number of Pages: 604
Published: 2006-05-01
List price: $45.00
ISBN-10: 0521539749
ISBN-13: 9780521539746
This book examines the incentives at work in a wide range of institutions to see how and how well coordination is achieved by informing and motivating individual decision makers. The book examines the performance of agents hired to carry out specific tasks, from taxi drivers to CEOs. It investigates the performance of institutions, from voting schemes to kidney transplants, to see if they enhance general well being. The book examines a broad range of market transactions, from auctions to labor markets, to the entire economy. The analysis is conducted using specific worked examples, lucid gener...