The power of incentives

Article Abstract:

Issues related to compensation schemes are examined. Continuous schemes, which relate pay continuously to output or input may be more efficient than discrete schemes, rewarding only a minimum standard.

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What trade-off of risks and incentives?

Article Abstract:

There are reasons for doubting a relationship between incentives and risks, and plausible influences could lead to a positive relationship, rather than the traditional negative trade-off.

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Sherwin Rosen: in memoriam

Article Abstract:

Microeconomist Sherwin Rosen is remembered for his contributions to economic research and for his contributions to the American Economic Association, which he served as president.

Research and Development in the Social Sciences and Humanities, Economists, Obituary, Officials and employees, Rosen, Sherwin, American Economic Association

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