Financial incentives and academic performance: an experimental study
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Financial incentives and academic performance: an experimental studyAutoria
Tutor/Supervisor
Sabater Grande, Gerardo; Universitat Jaume I. Departament d'EconomiaData de publicació
2014-06-16Editor
Universitat Jaume IResum
In this paper, the effect of financial incentives on academic performance is studied. We
implement a field experiment designed to motivate students with rewards depending on
their academic performance. Subjects, ... [+]
In this paper, the effect of financial incentives on academic performance is studied. We
implement a field experiment designed to motivate students with rewards depending on
their academic performance. Subjects, recruited among students from Introduction to
Microeconomics, participate voluntarily in this experiment. Participants were informed
that they would receive a reward depending on their bet (the grade they thought they
would achieve), the real grade obtained and, in the case of old students, grades
obtained in previous semesters in Introduction to Microeconomics. We establish two
rankings (one for new students and another one for old students) classifying the
students depending on the obtained reward and prizes (netbooks, hard drives and
iPods) which were delivered to participants according to their position in the ranking.
We find that implemented incentives were effective to increase the average of grades
obtained for both cases, new and old students. [-]
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Descripció
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic 2013-2014
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Apareix a les col.leccions
- Grau en Economia [289]