This thesis investigates the impact of incentives from a behavioral economics perspective using an experimental approach. Firstly, it analyzes the impact of variable payment cuts on performance. Secondly, it investigates the effectiveness of monetary incentives, non-monetary incentives, and a combination of these two, and sheds light on the impact of gender differences. Thirdly, it analyzes the effectiveness of different non-monetary incentives and a cafeteria-style incentive system. Understanding the underlying psychological mechanisms of incentives is crucial to implement them effectively.
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This thesis investigates the impact of incentives from a behavioral economics perspective using an experimental approach. Firstly, it analyzes the impact of variable payment cuts on performance. Secondly, it investigates the effectiveness of monetary incentives, non-monetary incentives, and a combination of these two, and sheds light on the impact of gender differences. Thirdly, it analyzes the effectiveness of different non-monetary incentives and a cafeteria-style incentive system. Understandi...
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