Monetary, affective, and intrinsic incentives in choice reaction time

Time-Varying Monetary Policy Reaction Function: The Case of Iran

Intrinsic Incentives

Although extrinsic and intrinsic motivation likely jointly explain the effort of many agents engaged in public service delivery, incentives typically only appeal to the former. In the context of a rural health worker program in India, I develop and test a novel, mobile phone-based selftracking app designed to increase agents’ intrinsic returns to effort. At ten months of follow-up, the self-tra...

Intrinsic Motivation and Incentives

Workers act in the interests of their employers for a host of reasons. Sometimes money is the motivation, but often it is because they care about what they do. Despite the importance of such intrinsic motivation, the economic literature has offered little in terms of understanding relevant trade-offs when alignment of inherent preferences (rather than monetary interests) is what motivates peopl...

Domain-specific hedonic deficits towards social affective but not monetary incentives in social anhedonia

Anticipatory and consummatory dissociation of hedonic experience may manifest as anhedonia in schizophrenia. However, it is unclear if this temporal dissociation of pleasure experience is also relevant in other symptoms like social anhedonia in the schizophrenia disorder spectrum. The present study applied two incentive delay tasks involving different incentive types (money vs. social affective...

Linking goals to monetary incentives

Every experienced executive knows the importance of rewarding good performance and also how difficult it is to design an incentive system that works as it is supposed to. A recent article in the Wall Street Journal1 reported that Hewitt Associates found that 83 per cent of companies with a pay-for-performance system said that their incentive plan was “only somewhat successful or not working at ...