The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework

We review 74 experiments with no, low, or high performance-based financial incentives. The modal result is no effect on mean performance (though variance is usually reduced by higher payment). Higher incentive does improve performance often, typically judgment tasks that are responsive to better eff...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Journal of risk and uncertainty 1999-12, Vol.19 (1/3), p.7-42
Hauptverfasser:	CAMERER, COLIN F., HOGARTH, ROBIN M.
Format:	Artikel
Sprache:	eng
Schlagworte:	Behavior Economic incentives Economic methodology Economic theory Economics Economists Experimental economics Experimental methods Experimental psychology Experimentation Experiments Financial incentives Game theory Group incentives Incentive pay Incentives Judgement Knowledge Memory Monetary incentives Motivation Production capital Psychologists Rationality Risk Risk taking Skills Statistical analysis Studies Tax incentives Uncertainty
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!