How Do Incentives Affect Creativity?
University of Jena
University of Jena - Economics Department; CESifo (Center for Economic Studies and Ifo Institute)
University of Mainz - Gutenberg School of Economics and Management; University of Zurich - Institute for Empirical Research in Economics
December 12, 2012
CESifo Working Paper Series No. 4049
We compare performance in a word based creativity task under three incentive schemes: a flat fee, a linear payment and a tournament. Furthermore, we also compare performance under two control tasks (Raven’s advanced progressive matrices or a number-adding task) with the same treatments. In all tasks we find that incentives seem to have very small effects and that differences in performance are predominantly related to individual skills.
Number of Pages in PDF File: 23
Keywords: creativity, incentives, real effort task, experimental economics
JEL Classification: C910, J330
Date posted: January 14, 2013