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Despite decades of research on heuristics and biases, empirical evidence on the effect of large incentives – as present … in relevant economic decisions – on cognitive biases is scant. This paper tests the effect of incentives on four widely … levels: no incentives, standard lab payments, and very high incentives that increase the stakes by a factor of 100 to more …
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investigates the mechanisms affecting sleep choice and explores whether commitment devices and monetary incentives can be used to … promote healthier sleep habits. Toward this end, we conducted a field experiment with college students, providing them … incentives to sleep, and collected data from wearable activity trackers, surveys, and time-use diaries. Our results are …
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nationwide randomized experiment in the Philippines to estimate effects three years after the withdrawal of two incentives for …Temporary incentives are offered in anticipation of persistent effects, but these are seldom estimated. We use a …
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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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