Abstract:In our paper, we view academia from a personnel economics perspective and analyze three important questions: (1) Who decides to become a researcher and what are the mechanisms of selection and self--selection that drive this process? (2) What makes re--searchers stay motivated and how can they be incentivized? (3) What other factors, aside from incentives, determine a researcher's productivity? In our selective review of the literature, we show how personnel economics has contributed and may further con--tribu… Show more
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