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The Big Carrot: High Stake Incentives Revisited

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Author Info
Brañas-Garza, Pablo
García-Muñoz, Teresa
Neuman, Shoshana

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Abstract

This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven are much more relevant than beliefs in hell when estimating the production of religious commodities (church-attendance and praying equations).

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6666.

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Date of creation: Jan 2008
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Handle: RePEc:cpr:ceprdp:6666

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Related research
Keywords: carrot/stick; Economics of Religion; high stakes; punishment; rewards;

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Find related papers by JEL classification:
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
D64 - Microeconomics - - Welfare Economics - - - Altruism
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology

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References listed on IDEAS
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  1. Pablo BraÒas-Garza & Shoshana Neuman, 2004. "Analyzing Religiosity within an Economic Framework: The Case of Spanish Catholics," Review of Economics of the Household, Springer, vol. 2(1), pages 5-22, 03. [Downloadable!]
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  2. Nikiforakis, Nikos, 2008. "Punishment and counter-punishment in public good games: Can we really govern ourselves," Journal of Public Economics, Elsevier, vol. 92(1-2), pages 91-112, February. [Downloadable!] (restricted)
  3. James Andreoni & William T. harbaugh & Lise Vesterlund, 2002. "The Carrot or the Stick: Rewards, Punishments, and Cooperation," University of Oregon Economics Department Working Papers 2002-01, University of Oregon Economics Department, revised 20 Aug 2002. [Downloadable!]
    Other versions:
  4. Robert J. Barro & Rachel McCleary, 2003. "Religion and Economic Growth," NBER Working Papers 9682, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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