- Author
- Year
- 2010
- Title
- The effect of financial rewards on students' achievement: Evidence from a randomized experiment
- Journal
- Journal of the European Economic Association
- Volume | Issue number
- 8 | 6
- Pages (from-to)
- 1243-1265
- Document type
- Article
- Faculty
- Faculty of Economics and Business (FEB)
- Institute
- Amsterdam School of Economics Research Institute (ASE-RI)
- Abstract
-
This paper reports on a randomized field experiment in which first-year university students could earn financial rewards for passing all first-year requirements within one year. Financial incentives turn out to have positive effects on achievement of high-ability students, whereas they have a negative impact on achievement of low-ability students. After three years these effects have increased, suggesting dynamic spillovers. The negative effects for less-able students are consistent with results from psychology and behavioral economics showing that external rewards may be detrimental for intrinsic motivation.
- URL
- go to publisher's site
- Link
- Link
- Language
- English
- Persistent Identifier
- https://hdl.handle.net/11245/1.334927
- Downloads
-
334927.pdf(Final published version)
Disclaimer/Complaints regulations
If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library, or send a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible.