000 01779 a2200217 4500
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020 _a9781107610330
040 _cIIT Kanpur
041 _aeng
082 _a302.13
_bC152i3
100 _aCampbell, Donald E.
245 _aIncentives
_bmotivation and the economics of information
_cDonald E. Campbell
250 _a3rd ed.
260 _bCambridge University Press
_c2018
_aCambridge
300 _axii, 685p
520 _aWhen incentives work well, individuals prosper. When incentives are poor, the pursuit of self-interest is self-defeating. This book is wholly devoted to the topical subject of incentives from individual, collective, and institutional standpoints. This third edition is fully updated and expanded, including a new section on the 2007–08 financial crisis and a new chapter on networks as well as specific applications of school placement for students, search engine ad auctions, pollution permits, and more. Using worked examples and lucid general theory in its analysis, and seasoned with references to current and past events, Incentives: Motivation and the Economics of Information examines: the performance of agents hired to carry out specific tasks, from taxi drivers to CEOs; the performance of institutions, from voting schemes to medical panels deciding who gets kidney transplants; a wide range of market transactions, from auctions to labor markets to the entire economy. Suitable for advanced undergraduate and graduate students studying incentives as part of courses in microeconomics, economic theory, managerial economics, political economy, and related areas of social science.
650 _aIncentives in industry
650 _aEconomics
942 _cBK
999 _c559809
_d559809