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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Superb Posner – but can we go further?
Organization Unit
Authors
  • Bruno Frey
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Journal of Institutional Economics
Publisher Cambridge University Press
Geographical Reach international
ISSN 1744-1374
Volume 6
Number 01
Page Range 65 - 69
Date 2010
Abstract Text Posner`s (2010) analysis offers many exciting insights into the principal-agent problem, particularly with respect to the secret service. I argue that it would be useful to consider a broader model of human behaviour, which includes awards as extrinsic incentives beyond pay, as well as intrinsic motivation. A more comparative stance that goes beyond the United States would be a useful check of how general the results are. Scholars should not forget that while the US is the dominant economy today, there are 195 nations in the world that offer many fascinating institutional variations, which are useful to take into account.
Digital Object Identifier 10.1017/S1744137409990166
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