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Early studies often found that offering economic incentives for undertaking prosocial and intrinsically motivated … related to whether crowding out (or substitution) is likely to occur. In many cases, incentives succeed in encouraging more … prosocial behavior and are also cost-effective. However, although the substitution of external incentives for intrinsic …
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Incentives based on esteem, honor and shame are increasingly popular and easy to use due to modern surveillance … Tirole (2011) to explore the effect of esteem-based incentives and their interaction with traditional monetary incentives. We … show that esteem-based incentives can indeed lead to a loss of control by generating multiple equilibria, some of which …
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Prior work has demonstrated that prosocial incentives - where individuals' effort benefits a charitable organization … - can be more effective than standard incentives, particularly when the stakes are low. Yet, little is known about the … effectiveness of prosocial incentives on people's decisions to participate or opt-in to the incentivized activity in the first place …
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