Awards as Signals

descriptionPublicationkeyboard_double_arrow_right Article , Research , Other literature type , Preprint 01 Jan 2010Embargo end date: 29 Nov 2011 Switzerland English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Frey, Bruno S; Neckermann, Susanne;

doi: 10.2139/ssrn.1699131 , 10.2139/ssrn.1709308 , 10.5167/uzh-51772

handle: 10419/214479 , 10419/46399

Awards as Signals

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Abstract

Awards are widespread in all countries and are prevalent both in the public sphere and in the private sector. This paper argues, and empirically supports, that awards serve public functions and economists should take them seriously. Using a unique cross-country data set, we suggest that awards serve as signals. Awards are more prevalent the more difficult the position and status of an individual is to observe due to an anonymous and globalized setting.

Country

Switzerland

Related Organizations

University of Zurich
Switzerland
University of Basel
Switzerland

Keywords

Signals, Welt, Awards, Signals, Status, Anonymity, Globalization, Sozialer Status, Signalling, Status, 10007 Department of Economics, IEW Institute for Empirical Research in Economics (former), Globalisierung, awards, signals, status, anonymity, globalization, status, A13, anonymity, Awards, ddc:330, J33, awards, signals, 330 Economics, Awards; Signals; Status; Anonymity; Globalization, Preisverleihung, Leistungsanreiz, D63, Anonymity, Globalization, globalization, jel: jel:D63, jel: jel:A13, jel: jel:J33

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