Non-monetary incentives in online experiments
Monetary incentives in online experiments are not always easy to implement. Yet online experiments are advantageous in terms of a natural decision-making environment, less stress on participants and a large number of the latter. Can we obtain plausible results from online experiments by using non-monetary incentives like altruism and curiosity? We investigate the role of non-monetary incentives in a simple Ellsberg-type experiment which can be easily compared to similar lab experiments.
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- Duersch, Peter & Oechssler, Jörg & Schipper, Burkhard C., 2009.
"Incentives for subjects in internet experiments,"
Elsevier, vol. 105(1), pages 120-122, October.
- Einhorn, Hillel J & Hogarth, Robin M, 1986. "Decision Making under Ambiguity," The Journal of Business, University of Chicago Press, vol. 59(4), pages S225-50, October.
- Stefan Trautmann & Ferdinand Vieider & Peter Wakker, 2008. "Causes of ambiguity aversion: Known versus unknown preferences," Journal of Risk and Uncertainty, Springer, vol. 36(3), pages 225-243, June.
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