Effects Of Monetary Incentives Research Articles

Метагипермнезия: эффекты вознаграждения и типа задач (Изображение vs. Слово)

<p>People sometimes make predictions about life events. These often include monitoring and control processes. Metacognition, which is subfield of cognition, has these processes. Metacognition research includes memory, attention, and comprehension studies. Hypermnesia is one of the topics relating to memory, simply meaning level of recall with regard to a repeated task. Thus, metahypermnesia is thoughts and judgements about hypermnesia. The aim of the present study was to find out whether people would overestimate or underestimate their performance on a given hypermnesia task that used images and words. Additionally, the effect of monetary incentives on the image and word test were investigated. Thus, it was hypothesised that people would overestimate their performance compared to their actual performance in the tasks. 134 participants were recruited for the study. The results illustrated that participants’ performance affected by monetary incentives and recall type. Importantly, giving incentives enhanced participants’ performance on image test but not word test. Participants also overestimated their performance on both the image and word tests, regardless of whether they received monetary incentives. However, participants overestimated their performance when they were incentivized more than they were not.</p>

Beyond monetary value: how reward type drives cheating in a gender-judgment task.

Investigating the effects of monetary incentives on dishonest behavior provides valuable insights into human integrity and ethical decision-making processes. This study is conducted through the lens of self-concept maintenance theory. The aim of this study is to examine the influence of different types of rewards (score-based vs. monetary) and their magnitude on dishonest behavior within a gender judgment task. Using a quantitative experimental design, this study involved 116 participants who were randomly assigned to conditions that differed in reward type (score or money) and magnitude (10 yuan vs. 50 yuan). Dishonest behavior was assessed using a gender judgment task with mechanisms to simulate conditions conducive to planned cheating. Results revealed significant differences in dishonesty rates between score and money conditions, with a higher proportion of dishonest participants observed in the score condition compared to the money condition. The timing of initial cheating was earlier in the score condition compared to the money condition. No significant differences were found in the proportion of dishonest participants, the cheating rate, or the timing of initial cheating across reward levels within either condition. The rate of cheating increased over time, suggesting a temporal dynamic in unethical decision making. The study demonstrates that the nature of rewards significantly influences the likelihood of dishonest behavior, with intangible score-based rewards facilitating rationalizations for dishonesty more readily than tangible financial incentives. These findings enrich the understanding of moral psychology by highlighting the complex interplay between reward types, ethical rationalization, and the dynamics of dishonest behavior.

Can monetary incentives improve knowledge contribution? Effects on different types of knowledge

AbstractEnterprise social media (ESM) fosters knowledge sharing, but employee's participation in ESM typically wanes. Thus, monetary incentives are often used to solve this problem. This research examined the effect of monetary incentives on four types of knowledge (high‐quality and low‐quality, work‐related and non‐work‐related) and the mediating role of self‐efficacy. Using quasi‐experimental approach to analyze data from an internal company blog, the research indicates that monetary incentives do have impacts on stimulating knowledge contribution, although their effectiveness appears to vary with the type of knowledge. Besides, self‐efficacy could be evoked by monetary incentives and mediate between monetary incentives and knowledge contribution.

Do Additional Dollars Buy Engagement? Effects of Monetary Incentives on Attending Financial Aid Counseling for at-Risk Students

Do Additional Dollars Buy Engagement? Effects of Monetary Incentives on Attending Financial Aid Counseling for at-Risk Students

Self-Selected Versus Assigned Target to Reduce Smartphone Use and Improve Mental Health: Protocol for a Randomized Controlled Trial.

Smartphones have become integral to people's lives, with a noticeable increase in the average screen time, both on a global scale and, notably, in India. Existing research links mobile consumption to sleep problems, poor physical and mental health, and lower subjective well-being. The comparative effectiveness of monetary incentives given for self-selected versus assigned targets on reducing screen time and thereby improving mental health remains unanswered. This study aims to assess the impact of monetary incentives and target selection on mobile screen time reduction and mental health. We designed a 3-armed randomized controlled trial conducted with employees and students at an educational institution in India. The study is conducted digitally over 12 weeks, including baseline (2 weeks), randomization (1 week), intervention (5 weeks), and postintervention (4 week) periods. We emailed the employees and students to inquire about their interest in participation. Those who expressed interest received detailed study information and consent forms. After securing consent, participants were asked to complete the initial survey and provide their mobile screen time during the baseline period. At the beginning of the intervention period, the participants were randomly allocated into 1 of 3 study groups in a 2:2:1 ratio (self-selected vs assigned vs control). Participants in the self-selected group were presented with 3 target options: 10%, 20%, and 30%, and they were asked to self-select a target to reduce their mobile screen time from their baseline average mobile screen time. Participants in the assigned group were given a target to reduce their mobile screen time from their baseline average mobile screen time. The assigned target was set as the average of the targets selected by participants in the self-selected group. During the intervention period, participants in the self-selected and assigned group were eligible to receive a monetary incentive of INR (Indian Rupee) 50 (US $0.61) per day for successfully attaining their target. Participants in the control group neither received nor selected a target for reducing their mobile screen time and did not receive any monetary incentives during the intervention period. All participants received information regarding the advantages of reducing mobile screen time. As an incentive, all participants would receive INR 500 (US $6.06) upon completion of the study and a chance to win 1 of 2 lotteries valued at INR 5000 (US $60.55) for consistently sharing their mobile screen time data. Currently, the study intervention is being rolled out. Enrollment occurred between August 21, 2023, and September 2, 2023; data collection concluded in November 2023. We expect that results will be available by early 2024. The monetary incentives and self-selected versus assigned targets might be effective interventions in reducing mobile screen time among working professionals and students. AsPredicted 142497; https://aspredicted.org/hr3nn.pdf. DERR1-10.2196/53756.

A STUDY ON EFFECT OF MONETARY INCENTIVES TOWARDS WORKERS PERFORMANCE AT EVER BLUE APPAREL PRIVATE LIMITED IN DODDABALLAPUR

This study investigates the impact of monetary incentives on the performance of workers at Ever Blue Apparel Private Limited. Through empirical analysis and data collection, the study examines how various forms of monetary rewards influence the motivation, productivity, and overall performance of employees within the company. By assessing the correlation between incentive structures and key performance indicators, the research aims to provide valuable insights into the effectiveness of monetary incentives in driving enhanced work performance and contributing to the organization's success. Keywords: Monetary Incentives, Workers performance, Employee Motivation, Productivity Enhancement, Reward Structure .

Motivation and Performance of Staff in Universities In Uganda

The study examined the effect of motivation on the performance of university staff in Uganda. Specifically, the study established: the effect of monetary incentives on the performance of university staff in Uganda, the effect of organizational climate on the performance of university staff in Uganda, and the effect of recognition on the performance of university staff in Uganda. The study adopted a cross-sectional descriptive study design with only quantitative approaches. The sample size for the study was 313 university staff from both public and private universities in Uganda. The items/constructs used in this research were measured on a five-point Likert Scale. Kaiser-Meyer-Olkin Measure of Sampling Adequacy, factor analysis, and principle component analysis was used to extract the appropriate constructs of the study. A multiple linear regression model was used to examine the effect of predictor variables on the outcome variable. The findings revealed that monetary incentives had a positive and significant effect on the performance of university staff in Uganda (B=0.200, P-Value (0.001) <0.05). The findings indicated that organizational climate had a significant positive effect on the performance of university staff in Uganda (B=0.161, P-value (0.007) <0.05). Lastly, findings revealed that recognition had a significant and positive effect on the performance of university staff in Uganda (B=0.200, P-value (0.000)< 0.05). The study concludes that monetary incentives, organizational climate, and recognition play an instrumental role in influencing the performance of university staff in Uganda. The universities are recommended to design a well-structured and fair reward system that includes monetary incentives, such as performance-based bonuses, salary increments, and benefits that align with individual and organizational goals.

Choosing not to lead: Monetary incentives and political selection in local parliamentary systems

Using a rich database covering all local politicians in Italian municipalities, we implement a regression-discontinuity analysis to evaluate the causal effect of monetary incentives on political selection in local parliamentary systems. We find that higher expected wages lead to the selection of more educated council members and executives, but do not result into better educated mayors. Low-wage councils tend to elect mayors with almost two years more schooling than the median councillor, but this difference vanishes in high-wage councils. We rationalize this finding in a model where better educated councillors shy away from better-paid but full-time positions (such as mayor) and prefer less-paid but part-time positions (executives) that allow them to devote more time to work while in office. An analysis by politicians’ occupation and retirement status supports this explanation. Our findings thus highlight that the effects of monetary incentives are not invariant across different institutional settings, especially when the election systems include a parliamentary stage.

The Effect of Monetary Incentives on Health Care Social Media Content: Study Based on Topic Modeling and Sentiment Analysis.

While there is high-quality online health information, a lot of recent work has unfortunately highlighted significant issues with the health content on social media platforms (eg, fake news and misinformation), the consequences of which are severe in health care. One solution is to investigate methods that encourage users to post high-quality content. Incentives have been shown to work in many domains, but until recently, there was no method to provide financial incentives easily on social media for users to generate high-quality content. This study investigates the following question: What effect does the provision of incentives have on the creation of social media health care content? We analyzed 8328 health-related posts from an incentive-based platform (Steemit) and 1682 health-related posts from a traditional platform (Reddit). Using topic modeling and sentiment analysis-based methods in machine learning, we analyzed these posts across the following 3 dimensions: (1) emotion and language style using the IBM Watson Tone Analyzer service, (2) topic similarity and difference from contrastive topic modeling, and (3) the extent to which posts resemble clickbait. We also conducted a survey using 276 Amazon Mechanical Turk (MTurk) users and asked them to score the quality of Steemit and Reddit posts. Using the Watson Tone Analyzer in a sample of 2000 posts from Steemit and Reddit, we found that more than double the number of Steemit posts had a confident language style compared with Reddit posts (77 vs 30). Moreover, 50% more Steemit posts had analytical content and 33% less Steemit posts had a tentative language style compared with Reddit posts (619 vs 430 and 416 vs 627, respectively). Furthermore, more than double the number of Steemit posts were considered joyful compared with Reddit posts (435 vs 200), whereas negative posts (eg, sadness, fear, and anger) were 33% less on Steemit than on Reddit (384 vs 569). Contrastive topic discovery showed that only 20% (2/10) of topics were common, and Steemit had more unique topics than Reddit (5 vs 3). Qualitatively, Steemit topics were more informational, while Reddit topics involved discussions, which may explain some of the quantitative differences. Manual labeling marked more Steemit headlines as clickbait than Reddit headlines (66 vs 26), and machine learning model labeling consistently identified a higher percentage of Steemit headlines as clickbait than Reddit headlines. In the survey, MTurk users said that at least 57% of Steemit posts had better quality than Reddit posts, and they were at least 52% more likely to like and comment on Steemit posts than Reddit posts. It is becoming increasingly important to ensure high-quality health content on social media; therefore, incentive-based social media could be important in the design of next-generation social platforms for health information.

Adaptive risk assessments

We model a decision maker who can exert costly effort to adapt her risk assessments, thereby optimizing the value of her risky prospects. We provide an axiomatic characterization of the model and show how costs of adaption can be elicited and compared across individuals. In a moral hazard problem, we show that adapting risk assessments can weaken the effect of monetary incentives for effort provision, which has important implications for agency problems. We provide several examples to illustrate how adapting risk assessments can rationalize many well-known choice anomalies.

Social incentives foster cooperation through guilt aversion: An effect that diminishes with primary psychopathic traits.

The association between primary psychopathic traits and non-cooperative behaviors is well-identified. There is a lack of studies on how to motivate cooperative behaviors in individuals with primary psychopathic traits. This study investigated the effects of monetary incentives and social incentives on promoting cooperation in healthy adults with varying primary psychopathic traits. Participants played a one-shot public goods game (PGG) with other anonymous players in three different contexts: a social incentives context where participants' decisions would be judged by others, a monetary incentives context where participants' decisions would result in winning or losing money depending on their contributions, and a control condition where no additional incentives were implemented. We found that, compared to the control condition, both monetary and social incentives significantly improved participants' contributions to the public project-an indicator of cooperative behavior. However, the association between higher primary psychopathic traits and less cooperation was only observed in the context of social incentives. Computational modeling further revealed that this effect can be explained by the diminishing guilt aversion when participants deliberately violated their inferred expectations of themselves from others' perspectives. This study found that social incentives can encourage cooperative behaviors in non-clinical psychopathy, and identified the mental processes navigating this effect.

Effectiveness of the secondary distribution of HIV self-testing with and without monetary incentives among men who have sex with men living with HIV in China: study protocol for a randomized controlled trial

BackgroundThe HIV epidemic is still expanding among men who have sex with men (MSM) in China, but HIV testing rates remain suboptimal. Network-based interventions, such as secondary distribution, have shown promise to expand HIV self-testing (HIVST) among partners of MSM living with HIV (MLWH) but have not been widely implemented. Monetary incentives could enhance the secondary distribution of HIVST in some settings. We will conduct a randomized controlled trial to examine the effectiveness of monetary incentives in expanding the secondary distribution of HIVST among MLWH in China.MethodsWe will recruit 200 eligible participants at three antiretroviral therapy (ART) clinics in China. Participants are eligible if they are 18 years of age or over, assigned as male at birth, have had anal sex with men, are living with HIV, are willing to apply for the HIVST kit at ART clinics, and are willing to provide personal contact information for follow-up. Eligible participants will be randomly assigned in a 1:1 ratio to one of two groups: standard secondary distribution group and secondary distribution group with monetary incentives. Participants (defined as “index”) will distribute the HIVST kits to members of their social network (defined as “alter”) and will be required to complete a baseline survey and a 3-month follow-up survey. All alters will be encouraged to report their testing results by taking photos of used kits and completing an online survey. The primary study outcomes will compare the mean number of alters and newly-tested alters motivated by each index participant in each group. Secondary study outcomes will include the mean number of alters who tested positive, the cost per person tested, and the cost per HIV diagnosed for each group.DiscussionFew studies have evaluated interventions to enhance the implementation of secondary distribution. Our study will provide information on the effectiveness of monetary incentives in expanding HIVST secondary distribution among MLWH. The findings of this trial will contribute to implementing HIVST secondary distribution services among MLWH in China and facilitating HIV case identifications.Trial registrationChinese Clinical Trial Registry ChiCTR2200064517; http://www.chictr.org.cn/showproj.aspx?proj=177896. Registered on 10th October 2022.

Preferences for zero-emission vehicle attributes: Comparing early adopters with mainstream consumers in California

Ambitious zero-emission vehicle (ZEV) adoption goals have been proposed to decarbonize the transportation sector, while the current market share pales in comparison. Although the distinct socio-economic characteristics of ZEV early adopters relative to mainstream car buyers are well understood, the two groups' preferences for ZEV attributes are not clear. This knowledge gap hinders the development of effective policies to achieve mass ZEV penetration goals. This paper examines consumers’ preferences and willingness to pay for ZEV attributes based on 755 early adopters and 3493 mainstream consumers from the 2019 California vehicle survey data. Results show that early adopters are more sensitive to battery range, acceleration performance, home charging availability, and high occupancy vehicle lane access, while mainstream consumers attach greater importance to cost attributes (e.g., fuel and maintenance costs) and charging time. Moreover, the effects of monetary incentives are found to be significant for both groups, whereas neither early adopters nor mainstream consumers value the availability of public charging stations. The findings of this study inform targeted ZEV policymaking and marketing strategies in different adoption stages.

Does usage of monetary incentive impact the involvement in surveys? A systematic review and meta-analysis of 46 randomized controlled trials.

Surveys are an effective method for collecting a large quantity of data. However, incomplete responses to these surveys can affect the validity of the studies and introduce bias. Recent studies have suggested that monetary incentives may increase survey response rates. We intended to perform a systematic review and meta-analysis of randomized controlled trials (RCTs) to evaluate the effect of monetary incentives on survey participation. A systematic search of electronic databases was conducted to collect studies assessing the impact of monetary incentives on survey participation. The primary outcome of interest was the response rates to incentives: money, lottery, and voucher. We used the Cochrane Collaboration tool to assess the risk of bias in randomized trials. We calculated the rate ratio (RR) with its 95% confidence interval (95% CI) using Review Manager Software (version 5.3). We used random-effects analysis and considered the data statistically significant with a P-value <0.05. Forty-six RCTs were included. A total of 109,648 participants from 14 countries were involved. The mean age of participants ranged from 15 to more than 60 years, with 27.5% being males, 16.7% being females, and the other 55.8% not reported. Our analysis showed a significant increase in response rate in the incentive group compared to the control group, irrespective of the incentive methods. Money was the most efficient way to increase the response rate (RR: 1.25; 95% CI: 1.16,1.35; P = < 0.00001) compared to voucher (RR: 1.19; 95% CI: 1.08,1.31; P = < 0.0005) and lottery (RR: 1.12; 95% CI: 1.03,1.22; P = < 0.009). Monetary incentives encourage the response rate in surveys. Money was more effective than vouchers or lotteries. Therefore, researchers may include money as an incentive to improve the response rate while conducting surveys.

Relational Contracts: Public versus Private Savings

Work on relational employment agreements often predicts low payments or termination for poor performance. The possibility of saving can, however, limit the effectiveness of monetary incentives in motivating an employee with diminishing marginal utility for consumption. We study the role of savings and their observability in optimal relational contracts. We focus on the case where players are not too patient, and hence the constant first‐best effort cannot be implemented. If savings are hidden, the relationship eventually deteriorates over time. In particular, both payments and effort decline. On the other hand, if savings are public, consumption is initially high, so the agent's savings fall over time, and effort and payments to the agent increase. The findings thus suggest how tacit agreements on consumption can forestall the deterioration of dynamic relationships in which the agent can save.

A long-term negative effect of monetary incentives on the participatory surveillance of animal disease: a pilot study in Chiang Mai, Thailand

BackgroundIn general, animal diseases have a significant impact on public health; accordingly, an effective animal disease surveillance system is an important control system that requires efficient and engaging participants in the long run. The purpose of this study is to assess the impact of monetary and social motivation on animal disease surveillance. We hypothesized that there are two sorts of motivation based on Fiske's relational theory (1992): monetary incentives (monetary markets) and nonmonetary incentives (social markets).MethodsIn Chiang Mai Province, Northern Thailand, we analyzed data from a pilot project that began in 2014 and used a mobile application to report on signs that identify animal health problems. A total of 67 participants from 17 different areas in the central part of the province participated in this study. Participants in this study were divided into two groups: those who received monetary incentives and those who received social incentives.ResultsAccording to the findings, the monetary market group's effort was significantly higher than that of the social market group during the time when the volunteers in the monetary market group were paid. However, in the long run, the monetary market group reported significantly less than the social market group. Social incentive, on the other hand, was more efficient once the payment period ended.ConclusionsSocial incentive outperformed monetary motivation in terms of efficiency and sustainability in the long run. Not only did the volunteers who were offered monetary incentive put in less effort than those who were offered the social incentive, but they were also not remotivated by the social incentive after the payment period had ended.

Pain and gain: Monetary incentive moderates pain's impact on effort-related cardiac response.

Ample evidence suggests that pain leads to additional demand in cognitive functioning, presumably due to its negative affective component and its propensity to capture attention. To highlight the role of motivational incentive, two experiments tested the combined effect of pain and monetary incentive on effort-related cardiovascular response during cognitive performance. In both studies, healthy volunteers received individually adjusted painful or nonpainful thermal stimulations during a difficult cognitive task (4-back task in Experiment 1; short-term memory task in Experiment 2) and expected high (12 Swiss Francs in both experiments) or low monetary incentive (1 Swiss Franc in Experiment 1; 0.10 Swiss Francs in Experiment 2) for successful performance. Effort was primarily assessed as changes in cardiac pre-ejection period (PEP). We predicted pain to increase subjective task difficulty during cognitive performance. Moreover, according to motivational intensity theory, we expected this to increase effort only when high effort was justified by high monetary incentive. Correspondingly, pain should lead to low effort (disengagement) when monetary incentive was low. Effort in the nonpainful conditions was expected to fall in between these conditions. The results of both studies support our predictions. Our findings provide the first evidence for the moderating effect of monetary incentive on physical pain's impact on effort-related cardiovascular response. Accordingly, motivational incentives can counteract effort deficits associated with pain.

The Effects of Monetary Incentives on Physicians' Effort and Patient Satisfaction: Understanding the Links between Monetary Incentives and Physicians' Effort.

How monetary incentives promote physicians’ job performance in terms of patient satisfaction has been widely discussed. The incentive dilemma debate concerns whether monetary incentives reduce physicians’ intrinsic motivation at work and even lead to moral hazard. This study investigated monetary incentive policies in a hospital and analyzed how monetary incentives affect performance and behavior. By means of income composition grouping, a treatment group and control group were established, and the identification of the effect on performance was implemented using the difference-in-difference (DiD) method. The mechanism analysis was implemented using the event-study approach (ESA) and path analysis. The study found that (1) monetary incentives promote physicians to improve patient satisfaction, and the average effect is a two-point increment (p < 0.0001); (2) the effects are short-term; and (3) in contrast to many criticisms, the improvement in patient satisfaction was mainly from the effort in working during the monetary incentive policy. The results of this study contribute empirical evidence regarding the effects of monetary incentives and their mechanism and can help hospital management formulate incentive plans.

Effects of attribute bonuses on milk quality in 164 dairy farms of Ubaté and Chiquinquirá (March 2012 – March 2018)

Introduction: Given that milk price fluctuations have an impact on local milk production, which affects a vital sector for the economy due to its contribution to GDP and the generation of direct and indirect jobs, this study seeks to establish what has been the effect of monetary incentives on the quality of milk from 164 dairy farms in the Ubaté and Chiquinquirá valley between March 2012 and March 2018. Methodology: To answer this question, it is hypothesized that the implementation of the quality payment scheme described in Resolution 0017 of 2012 positively affected the values with which the hygienic quality of milk is measured. To test this hypothesis, a mixed approach methodology was used (qualitative and quantitative), descriptive, correlational and explanatory, non-experimental, using a longitudinal model of panel data for the sample of milk producing farms. Results: The study allowed establishing that the current quality payment scheme (QPP), the lagged QPP and the price paid to the producer (PPP) have significant effect on decreasing milk microbiological counts, the price per gram of solids and the amount of solids per liter are significant increase milk microbiological counts. Conclusions: It was possible to conclude that it is advisable to increase the participation of bonuses per CFU on the total price, this would incentivize a faster improvement of hygienic quality.

Monetary Incentives and Employee Satisfaction: A Case of Access World Tech Pvt. Ltd.

This research aims to examine the effect of monetary incentives on employee satisfaction among the employee of Access World Tech Pvt. Ltd., located at Krishnagalli, Patandhoka, Lalitpur. The study developed two research questions, two research objectives, and two hypotheses. Related literature was reviewed to develop a conceptual framework was reviewed. The study used a descriptive, relational, and causal research design considering the research objectives. The study’s population consists of 120 employees. The convenience sampling method was used in the study. The sample size of 92 was calculated using Maple Tech’s calculator. The close- end questionnaire was distributed to 110 respondents, 94 of whom were deemed valid. Because the item for the 5-point Likert scale was adopted from previous studies, the instrument used in the study is reliable and valid. The study’s conclusion was reached using statistical, descriptive, and inferential tools. The findings concluded that there is a positive and significant relationship between monetary incentives and employee satisfaction. Thus, the study discovered that monetary incentives have a direct effect on employee satisfaction.