How Financial Incentives and Cognitive Abilities Affect Task Performance in Laboratory Settings: An Illustration
CERGE-EI Working Paper No. 221
Posted: 10 Nov 2005
Date Written: February 2004
Abstract
Drawing on Gneezy and Rustichini (2000), we illustrate that subjects' cognitive abilities seem at least as important for their performance as do financial incentives they face. Theorists should thus pay more attention to the ability aspect of cognitive production.
Keywords: human capital, endogenous growth, total factor productivity and growth accounting
JEL Classification: C81, C91, C93, D83
Suggested Citation: Suggested Citation
Rydval, Ondrej and Ortmann, Andreas, How Financial Incentives and Cognitive Abilities Affect Task Performance in Laboratory Settings: An Illustration
(February 2004). CERGE-EI Working Paper No. 221, Available at SSRN: https://ssrn.com/abstract=707383
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