Monetary and Non-monetary SWO Retention Bonuses: An Experimental Approach to the Combinatorial Retention Auction Mechanism (CRAM)

Abstract

This purpose of this project was to use an experimental approach to examine the behavior patterns in the decision-making process when choosing between monetary and non-monetary bonuses related to retention. We expected to observe that experimental subjects would choose incentives that maximize their personal retention value. The experiment is a retention mechanism that optimally combines monetary and non-monetary incentives to achieve desired SWO retention. The goal is to develop combinations of incentives that minimizing retention bonus costs while maximizing individual self-interests.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Dec 01, 2009
Accession Number
ADA514026

Entities

People

  • Amanda G. Browning
  • Clinton F. Burr

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Business Administration
  • Decision Theory
  • Economics
  • Education
  • Employment
  • Game Theory
  • Human Behavior
  • Job Training
  • Literature Surveys
  • Motivation
  • Naval Operations
  • Navy
  • New Jersey
  • Public Policy
  • Students
  • United States
  • United States Naval Academy

Readers

  • Naval Personnel Management
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.