1. Chapter 11 Incentive Pay
Call it what you will, incentives are what get people to work harder.
—Nikita Khrushchev

2. Allocation of Effort by Piece Rate Workers

3. Allocation of Effort by Piece Rate Workers

4. Effort and Ability of Workers in Piece-Rate and Time-Rate Jobs

5. Allocation of Effort in a Tournament

6. Allocation of Effort in a Tournament

8. Constant Wage vs. Upward-Sloping Wage

9. Constant Wage vs. Upward-Sloping Wage

10. Determining the Efficiency Wage

11. Determining the Efficiency Wage

12. Determining the Efficiency Wage

13. Summary

14. Summary

15. Summary

16. Summary