Economists usually assume that monetary incentives improve performance, and psychologists claim that the opposite may happen. We present and discuss a set of experiments designed to test these contrasting claims. We found that the effect of monetary compensation on performance was not monotonic. In the treatments in which money was offered, a larger amount yielded a higher performance. However,...

Introduction Given the increasing shortage of organs in recent years, there has been an abundant empirical and theoretical literature on incentives to improve organ donation [1,2]. Some of these incentives, such as reimbursement of donor expenses, are uncontroversial whereas others, such as payment for organs, are matters of heated debate. In this issue of the Journal, Caulfield and colleagues ...

Pathological gambling is an addictive disorder characterized by a persistent and compulsive desire to engage in gambling activities. This maladaptive behaviour has been suggested to result from a decreased sensitivity to experienced rewards, regardless of reward type. Alternatively, pathological gambling might reflect an imbalance in the sensitivity to monetary versus non-monetary incentives. T...

HRM has a significant role in motivating the employees and ensuring that every employee is satisfied with HR practices. Healthcare providers have been facing stress depression especially Egypt, due to COVID-19. In this country, healthcare are looking for alternatives achieve satisfaction as COVID-19 affected their jobs, salaries, incentives, bonuses. The past studies focused on assessing HRM&am...

This paper analyses the relationship between workers’ gender and monetary incentives in an experimental setting based on a double-tournament scheme. The participants must choose between a piece-rate payment or a performance prize. The results show that women tend to shy away from competition, and are less sensitive than men to the monetary incentives of the tournament. In addition the tournamen...

Paid and volunteer crowd work have emerged as a means for harnessing human intelligence for performing diverse tasks. However, little is known about the relative performance of volunteer versus paid crowd work, and how financial incentives influence the quality and efficiency of output. We study the performance of volunteers as well as workers paid with different monetary schemes on a difficult...

Paid and volunteer crowd work have emerged as a means for harnessing human intelligence for performing diverse tasks. However, little is known about the relative performance of volunteer versus paid crowd work, and how financial incentives influence the quality and efficiency of output. We study the performance of volunteers as well as workers paid with different monetary schemes on a difficult...

Pathological gambling is a behavioral addiction characterized by a chronic failure to resist the urge to gamble. It shares many similarities with drug addiction. Glucocorticoid hormones including cortisol are thought to play a key role in the vulnerability to addictive behaviors, by acting on the mesolimbic reward pathway. Based on our previous report of an imbalanced sensitivity to monetary ve...

This paper analyzes the employment relationship on the basis of the notion of access. We argue that the degree of access provided by a job is an incentive to activate the employee’s self-actualization needs. We investigate the effect of access on the workers’ performance through an agency model and provide a number of propositions with practical implications for personnel policies. Our results ...