Rank as an Incentive: Evidence from a Field Experiment

نویسندگان

  • Anh Tran
  • Richard Zeckhauser
چکیده

Money is the prime incentive considered in economic models. However, evidence from other fields suggests that people are also greatly concerned about their social rankings. It is unclear whether this is because rank brings tangible benefits, or because people also have an intrinsic desire for high rank. This paper provides evidence for the latter. In our field experiment, Vietnamese students performed significantly better on an English test when they were told their rankings than when they were not. This result held even when this ranking information could not be communicated, and thus could not bring any tangible benefits. .

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تاریخ انتشار 2011