English, Article, Journal or magazine article edition: Financial Incentives and Cognitive Abilities: Evidence from a Forecasting Task with Varying Cognitive Load Ondrej Rydval

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Bookmark: http://trove.nla.gov.au/version/1037
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Financial Incentives and Cognitive Abilities: Evidence from a Forecasting Task with Varying Cognitive Load
Author
  • Ondrej Rydval
Physical Description
  • preprint
Notes
  • I examine how financial incentives interact with intrinsic motivation and especially cognitive abilities in explaining heterogeneity in performance. Using a forecasting task with varying cognitive load, I show that the effectiveness of high-powered financial incentives as a stimulator of economic performance can be moderated by cognitive abilities in a causal fashion. Identifying the causality of cognitive abilities is a prerequisite for studying their interaction with financial and intrinsic incentives in a unifying framework, with implications for the design of efficient incentive schemes.
  • Financial incentives, Cognitive ability, Heterogeneity, Performance, Experiment
  • RePEc:jrp:jrpwrp:2007-040
Language
  • English
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