Monetary-Incentive Competition Between Humans and Robots: Experimental Results

In Proc. of the 14th ACM/IEEE International Conference on Human-Robot Interaction (HRI’19), IEEE, Forthcoming

9 Pages Posted: 13 Feb 2019

See all articles by Alap Kshirsagar

Alap Kshirsagar

Cornell University

Bnaya Dreyfuss

Hebrew University of Jerusalem, Department of Economics, Students

Guy Ishai

Hebrew University of Jerusalem, Department of Economics, Students

Ori Heffetz

Cornell University - S.C. Johnson Graduate School of Management; The Hebrew University of Jerusalem - Department of Economics and Center for Rationality; National Bureau of Economic Research (NBER)

Guy Hoffman

Cornell University - Sibley School of Mechanical and Aerospace Engineering

Date Written: January 27, 2019

Abstract

Gill and Prowse (2012) conduct an experiment where an agent who is loss averse around her endogenous choice-acclimating expectations-based reference point is predicted to decrease effort with her rival’s effort (a “discouragement effect”). We adapt their human-human to a human-robot design: our subjects compete against a robot in a task that combines cognitive and motoric skills. By exogenously pre-programming the robot’s effort level we can switch from a sequential to a real-time competition. We find a similar discouragement effect, but a potentially weaker prize-size effect. We also examine subjects’ perceptions of and attitudes towards the robot and themselves, contributing to the literature on Human-Robot Interaction (HRI).

Keywords: Human-Robot Competition; Expectations-Based Reference-Dependent Preferences; Loss Aversion; Perceived Competence

JEL Classification: D84; D91; J22

Suggested Citation

Kshirsagar, Alap and Dreyfuss, Bnaya and Ishai, Guy and Heffetz, Ori and Hoffman, Guy, Monetary-Incentive Competition Between Humans and Robots: Experimental Results (January 27, 2019). In Proc. of the 14th ACM/IEEE International Conference on Human-Robot Interaction (HRI’19), IEEE, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3323698

Alap Kshirsagar

Cornell University ( email )

Ithaca, NY
United States

Bnaya Dreyfuss

Hebrew University of Jerusalem, Department of Economics, Students ( email )

Jerusalem
Israel

Guy Ishai

Hebrew University of Jerusalem, Department of Economics, Students ( email )

Jerusalem
Israel

Ori Heffetz (Contact Author)

Cornell University - S.C. Johnson Graduate School of Management ( email )

324 Sage Hall
Ithaca, NY 14853
United States

The Hebrew University of Jerusalem - Department of Economics and Center for Rationality

Mount Scopus
Jerusalem, IL Jerusalem 91905
Israel

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

HOME PAGE: http://www.nber.org/~heffetz

Guy Hoffman

Cornell University - Sibley School of Mechanical and Aerospace Engineering ( email )

563 Upson Hall
Ithaca, NY 14853
United States

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