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The Big Carrot: High-stakes Incentives Revisited

Authors

BRAÑAS GARZA, PABLO ERNESTO, Garcia-Munoz, Teresa , Neuman, Shoshana

External publication

Si

Means

J. Behav. Decis. Mak.

Scope

Article

Nature

Científica

JCR Quartile

SJR Quartile

SJR Impact

0.91

Publication date

01/07/2010

ISI

000280020500004

Abstract

Using an international dataset of about 35 000 subjects, this paper provides an empirical example of high-stakes incentives in relation to religious practice. First, we show that incentives (based on absolute belief) play a salient role in religious performance. Second, we find that when both positive (heaven) and negative (hell) 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). Copyright (C) 2009 John Wiley & Sons, Ltd.

Keywords

carrot/stick; high-stakes incentives; rewards; punishment; economics of religion

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