How financial incentives and cognitive abilities affect task performance in laboratory settings: an illustration

被引:35
作者
Rydval, O
Ortmann, A [1 ]
机构
[1] Charles Univ Prague, CERGE EI, Politickych Veznu 7, Prague 11121, Czech Republic
[2] Acad Sci Czech Republic, Prague 11121, Czech Republic
关键词
financial incentives; cognitive abilities; experiments; field experiments;
D O I
10.1016/j.econlet.2004.04.020
中图分类号
F [经济];
学科分类号
02 ;
摘要
Drawing on Gneezy and Rustichini [Q.J. Econ. 115 (2000) 7911, we show that cognitive abilities seem at least twice as important as financial incentives. This result backs up the exhortation of Camerer and Hogarth [J. Risk Uncertain. 19 (1999) 7] to pay attention to both the labor and capital aspects of cognitive production in experiments. (C) 2004 Elsevier B.V. All rights reserved.
引用
收藏
页码:315 / 320
页数:6
相关论文
共 11 条
[1]  
AWASTHI V, 1990, ACCOUNT REV, V65, P797
[2]  
BENABOU R, 2003, INCENTIVES PROSOCIAL
[3]   The effects of financial incentives in experiments: A review and capital-labor-production framework [J].
Camerer, CF ;
Hogarth, RM .
JOURNAL OF RISK AND UNCERTAINTY, 1999, 19 (1-3) :7-42
[4]  
Eckel C, 1999, J RISK UNCERTAINTY, V19, P47, DOI 10.1023/A:1007854706038
[5]   Pay enough or don't pay at all [J].
Gneezy, U ;
Rustichini, A .
QUARTERLY JOURNAL OF ECONOMICS, 2000, 115 (03) :791-810
[6]  
GNEEZY U, 2004, UNPUB W EFFECT INCEN
[7]  
PALACIOSHUERTA L, 2003, EXPT EC, V6, P235
[8]  
SMITH VL, 1982, AM ECON REV, V72, P923
[9]   MONETARY REWARDS AND DECISION COST IN EXPERIMENTAL ECONOMICS [J].
SMITH, VL ;
WALKER, JM .
ECONOMIC INQUIRY, 1993, 31 (02) :245-261
[10]  
SMITH VL, 1976, AM EC REV P, V66, P247