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来源类型Working Paper
规范类型报告
DOI10.3386/w27079
来源IDWorking Paper 27079
Incentivizing Behavioral Change: The Role of Time Preferences
Shilpa Aggarwal; Rebecca Dizon-Ross; Ariel D. Zucker
发表日期2020-05-04
出版年2020
语种英语
摘要How should the design of incentives vary with agent time preferences? We develop two predictions. First, “bundling” the payment function over time – specifically by making the payment for future effort increase in current effort – is more effective if individuals are impatient over effort. Second, increasing the frequency of payment is more effective if individuals are impatient over payment. We test the efficacy of time-bundling and payment frequency, and their interactions with impatience, using a randomized evaluation of an incentive program for exercise among diabetics in India. Consistent with our theoretical predictions, bundling payments over time meaningfully increases effort among the impatient relative to the patient. In contrast, increasing payment frequency has limited efficacy, suggesting limited impatience over payments. On average, incentives increase daily steps by 1,266 (13 minutes of brisk walking) and improve health.
主题Microeconomics ; Behavioral Economics ; Health, Education, and Welfare ; Health
URLhttps://www.nber.org/papers/w27079
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584753
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Shilpa Aggarwal,Rebecca Dizon-Ross,Ariel D. Zucker. Incentivizing Behavioral Change: The Role of Time Preferences. 2020.
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