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Relational capital and appropriate incentives

Agnès Festré and Luca Giustiniano ()
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Luca Giustiniano: Dipartimento di Economia - LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli [Roma]

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Abstract: This paper attempts to give some hints for human resources management that are founded on a motivation-based economic analysis of incentives and the idea of relational capital. It is argued that cross-fertilization between traditional economic literature on incentives, experimental economics and research in cognitive psychology can provide useful insights on how best to design incentives schemes in firms. This analysis promotes a diffused style of leadership which could render human resources development more sustainable while the traditional hierarchical one is losing grasp with reality.

Keywords: Human resource management; motivation crowding out; leadership (search for similar items in EconPapers)
Date: 2011
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00721526
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Citations: View citations in EconPapers (1)

Published in Human Resource Development and Sustainability, 2011, Tapei, R.A.S. chinoise de Hong Kong. pp.101-112

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Working Paper: Relational capital and appropriate incentives (2011)
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