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Incentives, Status and Thereafter: A Critical Survey
South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-04-01 , DOI: 10.1177/2277978721990970
Oindrila Dey 1 , Swapnendu Banerjee 2
Affiliation  

This article provides a critical discussion on the working of status as an instrument to elicit desirable effort within an organization. It postulates a comprehensive survey of the studies on incentive, especially non-monetary incentives like status. Different studies are summarized concisely and elaborate comments on the divergent views on valuation for status, the relationship between monetary and status incentives, the technique of modelling status and the cost of introducing status have been illustrated. The article underlines some probable adverse consequences associated with the use of the status incentive. Status works by creating inequality and has strong unwarranted influence even beyond organizational purview. It emphasizes the need for profound research to account for the optimal and prudent use of status as incentives.

JEL Classification: L2, D21, D86



中文翻译:

激励,地位及其后:一项重要调查

本文就地位的工作方式进行了批判性的讨论,作为在组织内引起人们期望的努力的一种手段。它假设对激励措施,特别是地位等非货币激励措施的研究进行了全面的调查。简要总结了不同的研究,并就地位评估的分歧观点,货币与地位激励之间的关系,地位建模的技术以及引入地位的成本进行了详尽的评论。该文章强调了与地位激励的使用有关的一些可能的不利后果。地位是通过制造不平等而发挥作用的,甚至具有超出组织权限的强大的不必要的影响力。它强调需要进行深入的研究,以考虑到最佳和审慎地使用身份作为激励措施。

JEL分类: L2,D21,D86

更新日期:2021-04-01
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