Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/214425 
Year of Publication: 
2008
Series/Report no.: 
CREMA Working Paper No. 2008-31
Publisher: 
Center for Research in Economics, Management and the Arts (CREMA), Basel
Abstract: 
Non-monetary incentives in the form of awards have so far escaped the attention of economists despite their widespread use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives. Introducing a hypothetical award has statistically significant effects on stated contributions to a public good. Our design allows the estimation of the impact of different award characteristics related to, for example, how public or how valuable the award is. We illustrate these findings by providing predictions about the behavior induced by a new award at IBM.
Subjects: 
incentives
non-monetary compensation
awards
motivation
experiment
JEL: 
C99
J33
M52
Document Type: 
Working Paper

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