Accession Number : ADA514026


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


Descriptive Note : Master's thesis


Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CA


Personal Author(s) : Browning, Amanda G ; Burr, Clinton F


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a514026.pdf


Report Date : Dec 2009


Pagination or Media Count : 84


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.


Descriptors :   *SAVINGS , *OFFICER PERSONNEL , *NAVAL BUDGETS , *RETENTION(GENERAL) , *COST ANALYSIS , APPROACH , DECISION MAKING , EXPERIMENTAL DATA , BEHAVIOR


Subject Categories : Economics and Cost Analysis
      Military Forces and Organizations


Distribution Statement : APPROVED FOR PUBLIC RELEASE