Second Discussion

Url : ftp /repec .iza .org /RePEc /Discussion /dp1851 .pdf

The article of Encinosa , Gaynor and Rebitzer highlight the connection of economic models with sociology particularly among groups . In here they try to distinguish the avenues and factors that provide the necessary motivation and incentives applied by institutions and organizations towards their employees . Under this facet , the looked into the ways of how informal interactions shape doctors in creating the cost and benefits associated with incentives . It is through this that they provide an analysis of four factors that influence such idea

. They include (1 ) risk aversion (2 ) income norms (3 ) effort norms and (4 ) mutual help benefits

Seeing this , it can be argued that sociological analysis can be applied in this document . One way of devising this is looking into the patterns and behavior exhibited by individuals within groups . It can try to portray or outline relevant norm , rules , and standards that affect their perception and reactions to given situations . At the same time , statuses and roles can also be used as a gauge in determining their outlook and performance since they are driven by various expectations from a specific organizational culture . All these elements can be used as factors in creating and providing a sociological analysis for the issue . Recognizing the relevance of these facets , I came to learn that economic factors such as benefits and incentives can be directly related towards sociological factors such as informal interactions and groups . I began to decipher and understand that in...