Monetary versus grade incentives depending on personality traits: A field experiment on undergraduate students' performance.

ABSTRACT: This study aims to examine the role of personality on the effectiveness in improving students' performance of two extrinsic incentives: monetary and grade incentives. To achieve this goal, we conducted a randomized field experiment in which students in a Microeconomics course were offered the opportunity to participate in a practice test program, with no effects on the grade of the course itself. In the call to participate, students were informed that participants would be randomly assigned to one of two groups. Whereas in the control group students would not be monetarily incentivized, participants assigned to the treatment group would be paid according to their performance in the practice tests. In addition, we elicited the big five personality and risk aversion traits of the participant

SUBMITTER: Herranz-Zarzoso N 

PROVIDER: S-EPMC10172778 | biostudies-literature | 2023 May

REPOSITORIES: biostudies-literature