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Performance Measurement and Rewards

Faculty in this area center their research on the challenges of measuring and incentivizing performance, no matter the activity. They pay attention to how major service industries—such as hospitals, universities, and museums—operate in markets where they compete against or collaborate with for-profit and government organizations.

A Message From Burton Weisbrod, Program Chair

Burton Weisbrod

Scholars from economics, law, management, political science, social policy, and statistics have focused policy research on the measurement and rewarding of “performance” in government and nonprofit organizations. They examine how good performance is measured in such areas as education, healthcare and courts—in search of reward mechanisms that provide incentives for efficiency. Research complements IPR’s programs on Education Policy and Urban Policy.

Working Papers

Recently published articles and working papers in this program area include:

David Dranove, Craig Garthwaite, Christopher Heard, and Bingxiao Wu. 2021. The Economics of Medical Procedure Innovation (WP-21-49).

Gharad Bryan, Dean Karlan, and Adam Osman. 2021. Big Loans to Small Businesses: Predicting Winners and Losers in an Entrepreneurial Lending Experiment (WP-21-44).

Michelle Shumate, Shaun Dougherty, Joshua-Paul Miles, Anne-Marie Boyer, Rong Wang, Zachary Gibson, and Katherine Cooper. 2021. Network Effectiveness in Context (WP-21-35).

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Faculty Experts

Performance measurement faculty come from economics, law, management, political science, social policy, and statistics.

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Policy Study: Mortality Effects and Choice Across Private Health Insurance Plans

Strategy professor and IPR associate Amanda Starc and her co-authors explore how different Medicare Advantage insurance plans affect enrollee rates of death. They find large disparities in death rates across the plans and that generally the more expensive and higher spending the plan, the lower the enrollee mortality rate. However, current rating systems fail to report adequate information about plans’ mortality rates. Redirecting consumers to better plans could improve beneficiary health.

View the published study