Short- & long-term effects of monetary and non-monetary incentives to cooperate in public good games: An experiment
Abstract
Using a common experimental framework, this paper addresses both the question of the short-term and the long-lasting effects of temporary monetary and non-monetary incentive mechanisms on increasing individual contributions to the public good. The results show that both punishments and rewards significantly increase contributions compared to the baseline, but that monetary sanctions lead to the highest contributions, whereas non-monetary...
Paper Details
Title
Short- & long-term effects of monetary and non-monetary incentives to cooperate in public good games: An experiment
Published Date
Jan 17, 2020
Journal
Volume
15
Issue
1
Pages
e0227360 - e0227360
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