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Giving and Receiving Awards.

Bruno S Frey1

  • 1University of Zurich and Center for Research in Economics, Management and the Arts, Zurich, Switzerland bsfrey@iew.unizh.ch.

Perspectives on Psychological Science : a Journal of the Association for Psychological Science
|July 8, 2015
PubMed
Summary
This summary is machine-generated.

Awards, like medals and prizes, are common but understudied social science incentives. This research explores the psychology of awards, linking demand to the desire for distinction and supply to motivation, using analytic narratives to validate findings.

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Area of Science:

  • Social Sciences
  • Psychology
  • Behavioral Economics

Background:

  • Awards (orders, medals, decorations, prizes, titles) are prevalent across diverse societal structures, including monarchies, republics, and various organizations.
  • Despite their ubiquity, awards as nonmaterial extrinsic incentives have received limited scholarly attention within psychology and broader social sciences.

Purpose of the Study:

  • To address the under-exploration of awards as a significant nonmaterial incentive in social sciences.
  • To theoretically link the demand for awards to the psychological desire for distinction.
  • To connect the supply of awards to motivational objectives within organizations and society.

Main Methods:

  • Employs the analytic narrative technique to examine the phenomenon of awards.
  • Develops empirically testable propositions regarding the function and impact of awards.
  • Utilizes observable data to assess the validity of theoretical propositions.

Main Results:

  • Demonstrates that the demand for awards is driven by individuals' intrinsic desire for distinction and recognition.
  • Establishes that the supply of awards is fundamentally governed by the objective to motivate individuals.
  • Presents evidence that analytic narratives can effectively model and explain award systems.

Conclusions:

  • Awards represent a significant, yet under-researched, area of nonmaterial extrinsic motivation.
  • The theoretical framework presented provides a foundation for empirical investigation into award systems.
  • Analytic narratives offer a robust methodological approach for studying social and economic incentives like awards.