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Prosocial motivation and incentives

Besley, Timothy and Ghatak, Maitreesh (2018) Prosocial motivation and incentives. Annual Review of Economics, 10. pp. 411-438. ISSN 1941-1383

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Identification Number: 10.1146/annurev-economics-063016-103739

Abstract

This review explores the role of incentives in providing goods and services that have significant social returns not captured in private returns, and where outcomes and performances are not easy to measure. We discuss how the presence of prosocial motivation among agents involved in the provision of these goods and services changes the design of incentives. The review also emphasises how heterogeneous prosocial motivation puts a premium on selection of agents in this context. We also discuss alternative theories of prosocial motivation.

Item Type: Article
Official URL: https://www.annualreviews.org/journal/economics
Additional Information: © 2018 Annual Reviews
Divisions: Economics
Subjects: H Social Sciences > HB Economic Theory
Sets: Departments > Economics
Date Deposited: 23 Aug 2018 15:47
Last Modified: 20 Jul 2019 00:15
URI: http://eprints.lse.ac.uk/id/eprint/90093

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