How financial incentives and cognitive abilities affect task performance in laboratory settings: An illustration

Ondrej Rydval and Andreas Ortmann

CERGE-EI Working Papers from The Center for Economic Research and Graduate Education - Economics Institute, Prague

Abstract: Drawing on Gneezy and Rustichini (2000), we illustrate that subjects' cognitive abilities seem at least as important for their performance as do financial incentives they face. Theorists should thus pay more attention to the ability aspect of cognitive production.

Keywords: Human capital; Endogenous growth; Total factor productivity; Growth accounting (search for similar items in EconPapers)
JEL-codes: C81 C91 C93 D83 (search for similar items in EconPapers)
Date: 2004-05
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Citations: View citations in EconPapers (48)

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Journal Article: How financial incentives and cognitive abilities affect task performance in laboratory settings: an illustration (2004)
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