The centerpiece of most adults' daily lives is the workplace, where all participants-as workers or managers-can benefit from thinking strategically about employee motivation, compensation, and selection. Personnel Economics uses simple but formal economic models to study what happens inside the workplace. Fueled by the latest findings from behavioral economic research, the text provides an intuitive introduction to the two workhorses of empirical research on personnel issues: designing experiments and using regression to study naturally occurring data.

"This is a fantastic analysis of the nexus of the theory of personnel economics and the data from economic experiments." - Jeffrey Carpenter, Middlebury College

"This book takes a fresh and updated look at some important topics in personnel economics, and it's written in an engaging style that I think students will find non-threatening. Its distinguishing feature is its emphasis on behavioral economics and experimental audience." - Jed DeVaro, CAL State East Bay

"The material is presented in a rigorous way by but explanations emphasize the graphical intuition of the results. There is an extensive treatment of the empirical evidence. Research papers are presented in much greater detail than most textbooks which is a great way to familiarize students with research in economics. This textbook is the best available textbook in Personnel Economics for third or fourth year undergraduate students." - Stephanie Lluis, University of Waterloo

"This text provides an up-to-date, rigorous, and stimulating introduction to personnel economics. Key aspects of theory are carefully developed and then subjected to assessment through a review of related evidence." - Nick Adnett, Staffordshire University Business School