Samuel Bowles () (Santa Fe Institute, University of Siena and University of Massachusetts)
Abstract
Laws and policies designed to harness self-regarding preferences to public ends may fail when they compromise the beneficial effects of pro-social preferences. Experimental evidence indicates that incentives that appeal to self interest may reduce the salience of intrinsic motivation, reciprocity, and other civic motives. Motivational crowding in also occurs. The evidence for these processes is reviewed and a model of optimal explicit incentives is presented. JEL Categories: D64, D52, H41, H21, Z13, C92
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Publisher Info
Paper provided by University of Massachusetts Amherst, Department of Economics in its series Working Papers with number
2008-06.
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