Understanding motivation is a critical and integral part of successful management and leadership. InWith characteristic rigor and insight, David Kreps explains the foundations, both economic and psychological, of the relationship between employer and employee, and provides the serious leader with a flexible toolkit they can tailor to their situation.Artfully details the enormous complexities involved in achieving employee alignment, and provides a variety of situation-dependent tools to help ensure that an organizations human capital is empowered to meet its long-term objectives.More and more people today are knowledge workers. These employees now make decisions in conditions of significant ambiguity and uncertainty, which require that they exercise judgment once demanded only by very senior management. Written in conversational language from a pragmatic perspective,This short book is quite long on practical advice about motivation, a complex subject that is often oversimplified. Drawing on his comprehensive expertise, as well as revealing studies of how high-performing executives and ambitious MBA students respond to various motivators, David Kreps gives managers a number of thoughtful tools.A stunning example of management education,If you are going to read one, ten, a thousand, or ten thousand books on economics in your lifetime,Renowned Stanford economist DavidM. Kreps reveals the fundamentalprinciples of employee motivation.