IDEAS home Printed from https://ideas.repec.org/a/eee/soceco/v67y2017icp56-64.html
   My bibliography  Save this article

Intrinsic motivation in economics: A history

Author

Listed:
  • Romaniuc, Rustam

Abstract

If one asks about the introduction of intrinsic motivation into economic analysis, a common response is The Joyless Economy (Scitovsky, 1976) and Frey's articles published in the early 1990s. These works are furthermore seen as the direct sequel to the contributions in psychology which sought to uncover the sources of motivation long before the economists started to think seriously about their economic implications. By adopting a historical perspective, I show that Scitovsky and Frey's works were rather the result of two specific episodes in economics: the revived interest in actual needs and desires for the first and the expansionist ambitions of economists for the second. The behaviors they considered and the interpretations they respectively proposed for intrinsic motivation illustrate the influence of these two episodes. As such, this article proposes a new perspective on the relationship between economics and psychology.

Suggested Citation

  • Romaniuc, Rustam, 2017. "Intrinsic motivation in economics: A history," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 67(C), pages 56-64.
  • Handle: RePEc:eee:soceco:v:67:y:2017:i:c:p:56-64
    DOI: 10.1016/j.socec.2016.10.002
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2214804316301094
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:hop:hopeec:12-01 is not listed on IDEAS
    2. Becker, Gary S, 1974. "A Theory of Social Interactions," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1063-1093, Nov.-Dec..
    3. Fehr, Ernst & Falk, Armin, 2002. "Psychological foundations of incentives," European Economic Review, Elsevier, vol. 46(4-5), pages 687-724, May.
    4. Simon Gaechter, 2014. "Human Pro-Social Motivation and the Maintenance of Social Order," CESifo Working Paper Series 4729, CESifo Group Munich.
    5. Hirshleifer, Jack, 1985. "The Expanding Domain of Economics," American Economic Review, American Economic Association, vol. 75(6), pages 53-68, December.
    6. Frey, Bruno S, 1992. "Tertium Datur: Pricing, Regulating and Intrinsic Motivation," Kyklos, Wiley Blackwell, vol. 45(2), pages 161-184.
    7. Vernon L. Smith, 1992. "Game Theory and Experimental Economics: Beginnings and Early Influences," History of Political Economy, Duke University Press, vol. 24(5), pages 241-282, Supplemen.
    8. Frey Bruno S., 1990. "L’Effet De Transfert De Motivation," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 1(3), pages 1-28, October.
    9. Daniel Serra, 2012. "Un aperçu historique de l'économie expérimentale : des origines aux évolutions récentes," Revue d'économie politique, Dalloz, vol. 122(5), pages 749-786.
    10. Roger E. Backhouse & Steven G. Medema, 2009. "Retrospectives: On the Definition of Economics," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 221-233, Winter.
    11. Jean Tirole & Roland Bénabou, 2006. "Incentives and Prosocial Behavior," American Economic Review, American Economic Association, vol. 96(5), pages 1652-1678, December.
    12. R. Mark Isaac & James M. Walker, 1988. "Group Size Effects in Public Goods Provision: The Voluntary Contributions Mechanism," The Quarterly Journal of Economics, Oxford University Press, vol. 103(1), pages 179-199.
    13. Agnès Festré & Pierre Garrouste, 2014. "Theory and evidence in psychology and economics about motivation crowding out," Post-Print halshs-01053651, HAL.
    14. Philippe Fontaine, 2007. "From Philanthropy to Altruism: Incorporating Unselfish Behavior into Economics, 1961-1975," History of Political Economy, Duke University Press, vol. 39(1), pages 1-46, Spring.
    15. Mary S. Morgan & Malcolm Rutherford, 1998. "American Economics: The Character of the Transformation," History of Political Economy, Duke University Press, vol. 30(5), pages 1-26, Supplemen.
    16. Emmanuel Petit, 2011. "L'apport de la psychologie sociale à l'analyse économique," Post-Print hal-00799057, HAL.
    17. Steven G. Medema, 2014. "The Curious Treatment of the Coase Theorem in the Environmental Economics Literature, 1960--1979," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(1), pages 39-57, January.
    18. Roth, Alvin E., 1993. "The Early History of Experimental Economics," Journal of the History of Economic Thought, Cambridge University Press, vol. 15(02), pages 184-209, September.
    19. Blaug, Mark, 2003. "The Formalist Revolution of the 1950s," Journal of the History of Economic Thought, Cambridge University Press, vol. 25(02), pages 145-156, June.
    20. Avinash Dixit, 2012. "Paul Samuelson's Legacy," Annual Review of Economics, Annual Reviews, vol. 4(1), pages 1-31, July.
    21. S. Bowles & S. Polania-Reyes., 2013. "Economic Incentives and Social Preferences: Substitutes or Complements?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
    22. Frey, Bruno S, 1993. "From Economic Imperialism to Social Science Inspiration," Public Choice, Springer, vol. 77(1), pages 95-105, September.
    23. Bianchi, Marina, 2003. "A questioning economist: Tibor Scitovsky's attempt to bring joy into economics," Journal of Economic Psychology, Elsevier, vol. 24(3), pages 391-407, June.
    24. Nathan Berg & Gerd Gigerenzer, 2010. "As-if behavioral economics: neoclassical economics in disguise?," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 18(1), pages 133-166.
    25. Agnès Festré & Pierre Garrouste, 2015. "Theory And Evidence In Psychology And Economics About Motivation Crowding Out: A Possible Convergence?," Journal of Economic Surveys, Wiley Blackwell, vol. 29(2), pages 339-356, April.
    26. Bergstrom, Theodore & Blume, Lawrence & Varian, Hal, 1986. "On the private provision of public goods," Journal of Public Economics, Elsevier, vol. 29(1), pages 25-49, February.
    27. Philippe Fontaine, 2012. "Beyond Altruism? Economics and the Minimization of Unselfish Behavior, 1975-93," History of Political Economy, Duke University Press, vol. 44(2), pages 195-233, Summer.
    28. Jean-Baptiste Fleury, 2012. "Wandering through the Borderlands of the Social Sciences: Gary Becker's Economics of Discrimination," History of Political Economy, Duke University Press, vol. 44(1), pages 1-40, Spring.
    29. Roland Bénabou & Jean Tirole, 2003. "Intrinsic and Extrinsic Motivation," Review of Economic Studies, Oxford University Press, vol. 70(3), pages 489-520.
    30. Andreoni, James, 1989. "Giving with Impure Altruism: Applications to Charity and Ricardian Equivalence," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1447-1458, December.
    31. Andreoni, James, 1988. "Privately provided public goods in a large economy: The limits of altruism," Journal of Public Economics, Elsevier, vol. 35(1), pages 57-73, February.
    32. Tibor Scitovsky, 1954. "Two Concepts of External Economies," Journal of Political Economy, University of Chicago Press, vol. 62, pages 143-143.
    33. Andreoni, James, 1990. "Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving?," Economic Journal, Royal Economic Society, vol. 100(401), pages 464-477, June.
    34. Shira B. Lewin, 1996. "Economics and Psychology: Lessons for Our Own Day from the Early Twentieth Century," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1293-1323, September.
    35. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, April.
    36. Franklin M. Fisher & Zvi Griliches & Carl Kaysen, 1962. "The Costs of Automobile Model Changes since 1949," Journal of Political Economy, University of Chicago Press, vol. 70, pages 433-433.
    37. Viviana Di Giovinazzo, 2010. "Towards an alternative paradigm of consumer behavior," Working Papers 179, University of Milano-Bicocca, Department of Economics, revised Mar 2010.
    38. Matthew Rabin, 1998. "Psychology and Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 11-46, March.
    39. Frey, Bruno S., 1993. "Shirking or work morale? : The impact of regulating," European Economic Review, Elsevier, vol. 37(8), pages 1523-1532, December.
    40. Fontaine, Philippe, 2014. "Free Riding," Journal of the History of Economic Thought, Cambridge University Press, vol. 36(03), pages 359-376, September.
    41. Wolfgang Stroebe & Bruno S. Frey, 1980. "In Defense of Economic Man: Towards an Integration of Economics and Psychology," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 116(II), pages 119-148, June.
    42. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
    43. Francis M. Bator, 1958. "The Anatomy of Market Failure," The Quarterly Journal of Economics, Oxford University Press, vol. 72(3), pages 351-379.
    44. Esther-Mirjam Sent, 2004. "Behavioral Economics: How Psychology Made Its (Limited) Way Back Into Economics," History of Political Economy, Duke University Press, vol. 36(4), pages 735-760, Winter.
    45. Frey, Bruno S, 1993. "Does Monitoring Increase Work Effort? The Rivalry with Trust and Loyalty," Economic Inquiry, Western Economic Association International, vol. 31(4), pages 663-670, October.
    46. Posner, Richard A, 1987. "The Law and Economics Movement," American Economic Review, American Economic Association, vol. 77(2), pages 1-13, May.
    47. Kreps, David M, 1997. "Intrinsic Motivation and Extrinsic Incentives," American Economic Review, American Economic Association, vol. 87(2), pages 359-364, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Intrinsic motivation; Self-interest; Public interest; Tibor Scitovsky; Bruno Frey;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:67:y:2017:i:c:p:56-64. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/inca/620175 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.