The effects of monetary rewards on volunteers' effort - experimental evidence in Singapore.

• Main Authors: Liow, Jia Min., Nguyen, Thi Bao Tran., Nur Fadilah Iskander.
• Other Authors: School of Humanities and Social Sciences
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Social sciences
• Online Access: http://hdl.handle.net/10356/51981
• Institution: Nanyang Technological University

In a situation with a Principal-Agent problem, the principal will design a remuneration to induce optimal work effort. Fundraising is a typical principal-agent problem where charitable organization is unable to observe the work effort of volunteers. Our study aims to find out the effects of monetary...