*With apologies for cross-posting*
For Immediate Release: September 12, 2006
Contact: Suzanne Wu / 773-834-0386 / [log in to unmask]
Journal of Labor Economics announces H. Gregg Lewis Prize winner;
University of Chicago Press opens access to award-winning paper
The Journal of Labor Economics awarded Pascal Courty (European University
Institute) and Gerald Marschke (SUNY – Albany) the H. Gregg Lewis Prize for
their article “An Empirical Investigation of Gaming Responses to Explicit
Performance Incentives.” Awarded biennially in even-numbered years, the Lewis
Prize honors the best paper published in the Journal in the last two years.
“This article makes an ingenious and lasting contribution to the empirical
analysis of gaming responses to economic incentives,” writes the prize
selection committee. “Prior work has found that high-powered incentives may
cause organizations to engage in non-productive actions, often called gaming.
The critical contribution of the Courty and Marschke study is to establish
empirically that such gaming may subvert an organization’s mission and degrade
the quality of its product to the detriment of its customers. This paper will
be cited for years to come by scholars of mechanism design, agency and
organizational economics.”
In honor of Courty and Marschke’s award-winning work, the University of Chicago
Press has temporarily lifted all access restrictions to the article, which
appeared in the Journal in January 2004. To read the full-text version, please
visit the University of Chicago Press Web site at:
http://www.journals.uchicago.edu/JOLE/journal/issues/v22n1/220102/220102.html
Named in honor of H. Gregg Lewis (1914-1992), one of the founders of modern
labor economics, the prize carries a monetary award of $2,500. The award
committee, selected by Journal of Labor Economics editor Derek A. Neal, was
chaired by David Autor (MIT) and consisted of Lance Lochner (University of
Western Ontario) and the previous Lewis Prize winner, Eric Gould (Hebrew
University).
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About the Journal of Labor Economics: Since 1983, the Journal of Labor Economics
has presented international research that examines issues affecting the economy
as well as social and private behavior. The Journal publishes both theoretical
and applied research results relating to the U.S. and international data. And
its contributors investigate various aspects of labor economics, including
supply and demand of labor services, personnel economics, distribution of
income, unions and collective bargaining, applied and policy issues in labor
economics, and labor markets and demographics.
About the University of Chicago Press: Founded in 1891, the University of
Chicago Press is the largest American university press. The Journals Division
currently publishes forty-seven award-winning periodicals and serials in a wide
range of disciplines, including several journals that were the first scholarly
publications in their respective fields. Online since 1995, the Journals
Division has also been a pioneer in electronic publishing, delivering original,
peer-reviewed research from international scholars to a worldwide audience.
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