{"id":3270,"date":"2017-07-04T13:41:44","date_gmt":"2017-07-04T13:41:44","guid":{"rendered":"http:\/\/www.behaviouraleconomic.co.uk\/?page_id=3270"},"modified":"2018-02-09T11:39:27","modified_gmt":"2018-02-09T11:39:27","slug":"honours-versus-money-the-economics-of-awards-bruno-s-frey-jana-gallus-2017","status":"publish","type":"page","link":"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/honours-versus-money-the-economics-of-awards-bruno-s-frey-jana-gallus-2017\/","title":{"rendered":"Honours versus Money: The Economics of Awards &#8211; Bruno S. Frey &#038; Jana Gallus (2017)"},"content":{"rendered":"<p><strong><img decoding=\"async\" class=\"size-medium wp-image-3273 alignleft\" src=\"https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2017\/07\/HonoursVsMoney-187x300.jpg\" alt=\"\" width=\"187\" height=\"300\" srcset=\"https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2017\/07\/HonoursVsMoney-93x150.jpg 93w, https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2017\/07\/HonoursVsMoney-187x300.jpg 187w, https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2017\/07\/HonoursVsMoney-200x322.jpg 200w, https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2017\/07\/HonoursVsMoney.jpg 311w\" sizes=\"(max-width: 187px) 100vw, 187px\" \/>From the publisher:<\/strong><\/p>\n<p>Honours fulfil one of the most fundamental desires of human beings, namely, to be recognised and held in esteem by others. There are thousands of awards in all areas of society: the state, arts and media, sports, religion, the voluntary sector, academia, and business. Awards are well visible, can raise the recipients&#8217; intrinsic motivation and creativity, and establish a bond of loyalty to the giver. They have distinct advantages over money and other rewards.<\/p>\n<p>Presenting empirical evidence using modern statistical techniques<em> Honours versus Money<\/em> argues that awards can significantly raise performance in different contexts even if they are purely symbolic, recommending how this can be used in practice. It makes the case for reorienting our focus- away from the monetary or material dimensions of work and private life, and towards the symbolic dimensions to celebrate and shine a light on merit and achievement.<\/p>\n<p><em>Honours versus Money<\/em> discusses award bestowals in their different forms and facets, including as signals and as components of organisations&#8217; human resource strategies. It opens our perspective for motivational strategies beyond money, while also outlining their potential pitfalls.<\/p>\n<p><strong><a href=\"https:\/\/www.amazon.co.uk\/gp\/product\/B07212LYVW\/ref=as_li_tl?ie=UTF8&amp;camp=1634&amp;creative=6738&amp;creativeASIN=B07212LYVW&amp;linkCode=as2&amp;tag=behaviorale0b-21&amp;linkId=513c13d9f18970431ff84d46cc371fa7\" target=\"_blank\" rel=\"noopener noreferrer\">Buy on Amazon<\/a><img decoding=\"async\" style=\"border: none !important; margin: 0px !important;\" src=\"\/\/ir-uk.amazon-adsystem.com\/e\/ir?t=behaviorale0b-21&amp;l=am2&amp;o=2&amp;a=B07212LYVW\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" \/><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the publisher: Honours fulfil one of the most fundamental desires of human beings, namely, to be recognised and held in esteem by others. There are thousands of awards in all areas of society: the state, arts and media, sports, religion, the voluntary sector, academia, and business. Awards are well visible, can raise the recipients&#8217; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":12,"menu_order":79,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"jetpack_post_was_ever_published":false,"footnotes":""},"coauthors":[],"class_list":["post-3270","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Honours versus Money: The Economics of Awards - Bruno S. Frey &amp; Jana Gallus (2017) - BehavioralEconomic.co.uk | The BE Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/honours-versus-money-the-economics-of-awards-bruno-s-frey-jana-gallus-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Honours versus Money: The Economics of Awards - Bruno S. Frey &amp; Jana Gallus (2017) - BehavioralEconomic.co.uk | The BE Hub\" \/>\n<meta property=\"og:description\" content=\"From the publisher: Honours fulfil one of the most fundamental desires of human beings, namely, to be recognised and held in esteem by others. There are thousands of awards in all areas of society: the state, arts and media, sports, religion, the voluntary sector, academia, and business. Awards are well visible, can raise the recipients&#8217; [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/honours-versus-money-the-economics-of-awards-bruno-s-frey-jana-gallus-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"BehavioralEconomic.co.uk | The BE Hub\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/behavecondotcom\/\" \/>\n<meta property=\"article:modified_time\" content=\"2018-02-09T11:39:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.behaviouraleconomic.co.uk\/wp-content\/uploads\/2017\/07\/HonoursVsMoney-187x300.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@behavecondotcom\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n\t<meta name=\"twitter:label2\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data2\" content=\"BehavioralEconomic.co.uk\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/honours-versus-money-the-economics-of-awards-bruno-s-frey-jana-gallus-2017\/\",\"url\":\"https:\/\/www.behaviouraleconomic.co.uk\/resources\/books\/honours-versus-money-the-economics-of-awards-bruno-s-frey-jana-gallus-2017\/\",\"name\":\"Honours versus Money: The Economics of Awards - Bruno S. 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