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The Big Carrot: High Stake Incentives RevisitedPablo Branas-GarzaUniversity of Granada - Departamento de Teoria e Historia Económica Teresa García-MuñozUniversity of Granada - Campus La Cartuja Shoshana NeumanBar Ilan University - Department of Economics; Institute for the Study of Labor (IZA); Centre for Economic Policy Research (CEPR) January 2008 CEPR Discussion Paper No. DP6666 Abstract: This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven are much more relevant than beliefs in hell when estimating the production of religious commodities (church-attendance and praying equations).
Number of Pages in PDF File: 17 Keywords: carrot/stick, Economics of Religion, high stakes, punishment, rewards JEL Classification: C91, D64, Z13 working papers seriesDate posted: June 9, 2008Suggested CitationContact Information
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