Issues in Economic Systems and Institutions: Incentives and Motivation

Main readings:

Supplementary Readings:

These articles describe lab and field experiments where monetary incentives seemingly produced not the desired effect on behaviour but its opposite.

To read about the debate on voluntary versus paid blood donations, check out these non-technical essays.

In a recent book, philosopher Michael Sandel criticizes economists for putting a price on everything. You can buy it for $16.46 from Amazon, USA. If you want it for free, you have to settle for a shorter version:

Here is a TED talk by Dan Pink, expressing similar sentiments.