The Interaction between Financial Incentives and Task-specific Cognitive Capital: More Evidence in Support of Camerer and Hogarth (1999)
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Erik Plug & Wim Vijverberg, 2003.
"Schooling, Family Background, and Adoption: Is It Nature or Is It Nurture?,"
Journal of Political Economy, University of Chicago Press, vol. 111(3), pages 611-641, June.
- Plug, Erik & Vijverberg, Wim, 2000. "Schooling, Family Background, and Adoption: Is It Nature of Is It Nurture?," Discussion Papers 736, The Research Institute of the Finnish Economy.
- Plug, Erik & Vijverberg, Wim P., 2001. "Schooling, Family Background, and Adoption: Is it Nature or is it Nurture?," IZA Discussion Papers 247, Institute of Labor Economics (IZA).
- Camerer, Colin F & Hogarth, Robin M, 1999.
"The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework,"
Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 7-42, December.
- Camerer, Colin F. & Hogarth, Robin M., 1999. "The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework," Working Papers 1059, California Institute of Technology, Division of the Humanities and Social Sciences.
- Roland Bénabou & Jean Tirole, 2005.
"Self-Confidence and Personal Motivation,"
International Economic Association Series, in: Bina Agarwal & Alessandro Vercelli (ed.), Psychology, Rationality and Economic Behaviour, chapter 2, pages 19-57,
Palgrave Macmillan.
- Roland Bénabou & Jean Tirole, 2002. "Self-Confidence and Personal Motivation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(3), pages 871-915.
- Bonner, Sarah E. & Sprinkle, Geoffrey B., 2002. "The effects of monetary incentives on effort and task performance: theories, evidence, and a framework for research," Accounting, Organizations and Society, Elsevier, vol. 27(4-5), pages 303-345.
- Libby, Robert & Luft, Joan, 1993. "Determinants of judgment performance in accounting settings: Ability, knowledge, motivation, and environment," Accounting, Organizations and Society, Elsevier, vol. 18(5), pages 425-450, July.
- Libby, R & Lipe, Mg, 1992. "Incentives, Effort, And The Cognitive-Processes Involved In Accounting-Related Judgments," Journal of Accounting Research, Wiley Blackwell, vol. 30(2), pages 249-273.
- Ignacio Palacios-Huerta, 2003. "Learning to Open Monty Hall's Doors," Experimental Economics, Springer;Economic Science Association, vol. 6(3), pages 235-251, November.
- Rydval, Ondrej & Ortmann, Andreas, 2004.
"How financial incentives and cognitive abilities affect task performance in laboratory settings: an illustration,"
Economics Letters, Elsevier, vol. 85(3), pages 315-320, December.
- Ondrej Rydval & Andreas Ortmann, 2004. "How financial incentives and cognitive abilities affect task performance in laboratory settings: An illustration," CERGE-EI Working Papers wp221, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Roland Bénabou & Jean Tirole, 2003. "Intrinsic and Extrinsic Motivation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(3), pages 489-520.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ondrej Rydval, 2005. "Capital and Labor Effects in a Recall Task: More Evidence in Support of Camerer and Hogarth (1999)," CERGE-EI Working Papers wp264, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Ondrej Rydval, 2011. "The Effect of Financial Incentives and Task-specific Cognitive Abilities on Task Performance," Jena Economics Research Papers 2011-050, Friedrich-Schiller-University Jena.
- Ondrej Rydval, 2012.
"The Causal Effect of Cognitive Abilities on Economic Behavior: Evidence from a Forecasting Task with Varying Cognitive Load,"
Jena Economics Research Papers
2011-064, Friedrich-Schiller-University Jena.
- Ondrej Rydval, 2012. "The Causal Effect of Cognitive Abilities on Economic Behavior: Evidence from a Forecasting Task with Varying Cognitive Load," CERGE-EI Working Papers wp457, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Greiner, Ben & Grünwald, Philipp & Lindner, Thomas & Lintner, Georg & Wiernsperger, Martin, 2024. "Incentives, Framing, and Reliance on Algorithmic Advice: An Experimental Study," Department for Strategy and Innovation Working Paper Series 01/2024, WU Vienna University of Economics and Business.
- Robert M. Gillenkirch & Julia Ortner & Sebastian Robert & Louis Velthuis, 2023. "Designing incentives and performance measurement for advisors: How to make decision-makers listen to advice," Working Papers 2304, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
- Duffy, Sean & Smith, John, 2011.
"Cognitive load in the multi-player prisoner's dilemma game,"
MPRA Paper
30856, University Library of Munich, Germany.
- Duffy, Sean & Smith, John, 2012. "Cognitive load in the multi-player prisoner's dilemma game," MPRA Paper 35906, University Library of Munich, Germany.
- Anna Bassi & Kenneth C. Williams, 2014. "Examining Monotonicity and Saliency Using Level- k Reasoning in a Voting Game," Games, MDPI, vol. 5(1), pages 1-27, February.
- Duffy, Sean & Smith, John, 2014.
"Cognitive load in the multi-player prisoner's dilemma game: Are there brains in games?,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 51(C), pages 47-56.
- Duffy, Sean & Smith, John, 2012. "Cognitive load in the multi-player prisoner's dilemma game: Are there brains in games?," MPRA Paper 38825, University Library of Munich, Germany.
- Chen, Chia-Ching & Chiu, I-Ming & Smith, John & Yamada, Tetsuji, 2013.
"Too smart to be selfish? Measures of cognitive ability, social preferences, and consistency,"
Journal of Economic Behavior & Organization, Elsevier, vol. 90(C), pages 112-122.
- Chen, Chia-Ching & Chiu, I-Ming & Smith, John & Yamada, Tetsuji, 2012. "Too smart to be selfish? Measures of cognitive ability, social preferences, and consistency," MPRA Paper 41078, University Library of Munich, Germany.
- Achtziger, Anja & Alós-Ferrer, Carlos & Wagner, Alexander K., 2016. "The impact of self-control depletion on social preferences in the ultimatum game," Journal of Economic Psychology, Elsevier, vol. 53(C), pages 1-16.
- David Danz & Dorothea Kübler & Lydia Mechtenberg & Julia Schmid, 2015. "On the Failure of Hindsight-Biased Principals to Delegate Optimally," Management Science, INFORMS, vol. 61(8), pages 1938-1958, August.
- Elliott Ash & W. Bentley MacLeod, 2015.
"Intrinsic Motivation in Public Service: Theory and Evidence from State Supreme Courts,"
Journal of Law and Economics, University of Chicago Press, vol. 58(4).
- Elliott Ash & W. Bentley MacLeod, 2014. "Intrinsic Motivation in Public Service: Theory and Evidence from State Supreme Courts," NBER Working Papers 20664, National Bureau of Economic Research, Inc.
- Khalil, Elias L., 2010. "The Bayesian fallacy: Distinguishing internal motivations and religious beliefs from other beliefs," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 268-280, August.
- Alfonso Arellano & Noelia Camara & David Tuesta, 2014. "El efecto de la autoconfianza en el conocimiento financiero," Working Papers 1427, BBVA Bank, Economic Research Department.
- Festré, Agnès, 2018.
"Do people stand by their commitments? Evidence from a classroom experiment,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 76(C), pages 1-6.
- Agnès Festré & Pierre Garrouste, 2014. "Do People Stand by their Commitments? Evidence from Classroom Experiments," GREDEG Working Papers 2014-03, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Agnès Festré, 2018. "Do people stand by their commitments? Evidence from a classroom experiment," Post-Print halshs-01928489, HAL.
- Nyborg, Karine, 2011.
"I don't want to hear about it: Rational ignorance among duty-oriented consumers,"
Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 263-274, August.
- Nyborg, Karine, 2008. "I Don't Want to Hear About it: Rational Ignorance among Duty-Oriented Consumers," Memorandum 15/2008, Oslo University, Department of Economics.
- Alessandro Lizzeri & Marciano Siniscalchi, 2008.
"Parental Guidance and Supervised Learning,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(3), pages 1161-1195.
- Alessandro Lizzeri & Marciano Siniscalchi, 2006. "Parental Guidance and Supervised Learning," Levine's Bibliography 321307000000000395, UCLA Department of Economics.
- Alessandro Lizzeri & Marciano Siniscalchi, 2006. "Parental Guidance and Supervised Learning," Discussion Papers 1432, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Alessandro Lizzeri & Marciano Siniscalchi, 2007. "Parental Guidance and Supervised Learning," NajEcon Working Paper Reviews 843644000000000090, www.najecon.org.
- Steven Kachelmeier & Kristy Towry, 2005. "The Limitations of Experimental Design: A Case Study Involving Monetary Incentive Effects in Laboratory Markets," Experimental Economics, Springer;Economic Science Association, vol. 8(1), pages 21-33, April.
- Ewing, Michael T. & Jevons, Colin P. & Khalil, Elias L., 2009. "Brand death: A developmental model of senescence," Journal of Business Research, Elsevier, vol. 62(3), pages 332-338, March.
- Cloos, Janis & Greiff, Matthias & Rusch, Hannes, 2020. "Geographical Concentration and Editorial Favoritism within the Field of Laboratory Experimental Economics (RM/19/029-revised-)," Research Memorandum 014, Maastricht University, Graduate School of Business and Economics (GSBE).
More about this item
Keywords
Financial incentives; Cognitive abilities; Experiments; Field experiments;All these keywords.
JEL classification:
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2007-08-08 (Business Economics)
- NEP-EXP-2007-08-08 (Experimental Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jrp:jrpwrp:2007-039. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Markus Pasche (email available below). General contact details of provider: http://www.jenecon.de .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.