Incentives to Exercise created 2011.04.04

Incentives to Exercise created 2011.04.04 - Quiz #11, the...

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Quiz #11, the last quiz, April 7 th Rabin’s fairness model. The example we have covered and in class. You should be able to Find the equilibrium in the original game Create the psychological game from the monetary game Find the equilibrium in the psychological game.
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Incentives to Exercise
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Charness and Gneezy 2009 DellaVigna and Malmendier (2006) shows that People make poor choices regarding membership options Lack of incentives to exercise? Ineffective? Insufficiently salient? Can financial incentives be used to develop or foster good habits? If it is possible… Major policy implications
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Two main hypothesis… Financial incentives to shape habits? “crowding-out” hypothesis “habit-formation” hypothesis
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“Crowding-out” Hypothesis Economists usually assumes that. . Monetary incentives improve performance Psychologists claims that… The opposite may happen A set of experiments designed to test these two claims
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This note was uploaded on 04/15/2011 for the course ECON 73-348 taught by Professor Hafalir during the Spring '11 term at Carnegie Mellon.

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Incentives to Exercise created 2011.04.04 - Quiz #11, the...

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