The effect of payment medium on effort.

Employers reward workers and researchers pay human subjects using different payment mediums. These payment mediums can have various psychological effects on workers/research participants, and thereby influence their effort provision. In this paper, we investigate the effect of payment medium on part...

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Detalles Bibliográficos
Publicado en:Economic Inquiry Vol. 60; no. 3; pp. 1111 - 1127
Autores principales: Incekara‐Hafalir, Elif, Kumar, Raymond, Silva‐Goncalves, Juliana
Formato: Artículo
Publicado: Wiley-Blackwell Jul2022
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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          Incekara‐Hafalir, Elif
          Kumar, Raymond
          Silva‐Goncalves, Juliana
        affil:
          University of Technology Sydney, Ultimo, Australia
          Allianz, Sydney, Australia
          University of Sydney and ARC Life Course Centre, Sydney, Australia
      su:
        Human experimentation
        Payment
      sug:
        subj:
          Human experimentation
          Payment
      keyword:
        market norms
        monetary incentives
        payment medium
        social norms
        market norms
        monetary incentives
        payment medium
        social norms
      ab: Employers reward workers and researchers pay human subjects using different payment mediums. These payment mediums can have various psychological effects on workers/research participants, and thereby influence their effort provision. In this paper, we investigate the effect of payment medium on participants' effort in a lab experiment. We find evidence that payment mediums affect participants' productivity when a fixed payment scheme is used, but not under a performance‐based payment scheme.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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