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SSRN Electronic Journal
Article . 2008 . Peer-reviewed
Data sources: Crossref
EconStor
Research . 2008
Data sources: EconStor
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Awards as Incentives

Authors: Neckermann, Susanne; Frey, Bruno S;

Awards as Incentives

Abstract

Non-monetary incentives in the form of awards have so far escaped the attention ofneconomists despite their widespread use. This paper presents an experiment conductednonline 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 publicngood. Our design allows the estimation of the impact of different award characteristicsnrelated to, for example, how public or how valuable the award is. We illustrate thesenfindings by providing predictions about the behavior induced by a new award at IBM.

Country
Switzerland
Keywords

experiment, ddc:330, incentives, J33, M52, Incentives, non-monetary compensation, awards, motivation, experiment, awards, 330 Economics, motivation, 10007 Department of Economics, IEW Institute for Empirical Research in Economics (former), incentives; non-monetary compensation; awards; motivation; experiment, C99, non-monetary compensation, jel: jel:C99, jel: jel:J33, jel: jel:M52

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    16
    popularity
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    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
16
Top 10%
Top 10%
Top 10%
Green