Financial Incentives and Performance: A Meta-Analysis of Economics Evidence
[DISCUSSION PAPER, NOT PEER-REVIEWED, and NOT READ; content reaches the vault through the authors' own VoxEU column of 13 February 2023, read in full] Cala, P., Havranek, T., Irsova, Z., Matousek, J., & Novak, J. (2022). 'Financial Incentives and Performance: A Meta-Analysis of Economics Evidence.' CEPR Press Discussion Paper No. 17680. 44 experimental studies in economics, corrected for publication bias by funnel asymmetry and by the under-reporting of estimates just short of significance at the five per cent level. Their conclusion in their own words: 'after correction for the bias, the mean experimental result suggests a negligible effect of financial incentives on performance'. It cuts both ways and the article lets it.
[DISCUSSION PAPER, NOT PEER-REVIEWED, and NOT READ; content reaches the vault through the authors' own VoxEU column of 13 February 2023, read in full] Cala, P., Havranek, T., Irsova, Z., Matousek, J., & Novak, J. (2022). 'Financial Incentives and Performance: A Meta-Analysis of Economics Evidence.' CEPR Press Discussion Paper No. 17680. 44 experimental studies in economics, corrected for publication bias by funnel asymmetry and by the under-reporting of estimates just short of significance at the five per cent level. Their conclusion in their own words: 'after correction for the bias, the mean experimental result suggests a negligible effect of financial incentives on performance'. It cuts both ways and the article lets it.
Written from the dISCUSSION PAPER, NOT PEER-REVIEWED, and NOT READ; content reaches the vault through the authors' own VoxEU column of 13 February 2023, read in full.
What our sources record
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Cala, P., Havranek, T., Irsova, Z., Matousek, J., & Novak, J. (2022). Financial Incentives and Performance: A Meta-Analysis of Economics Evidence. CEPR Press Discussion Paper No.