Template-type: ReDIF-Paper 1.0
Author-Name: Borghans, Lex
Author-Email: lex.borghans@maastrichtuniversity.nl
Author-Workplace-Name: Department of Economics and Research Centre for Education
 	and the Labour Market, Maastricht University
Author-Name: Meijers, Huub
Author-Email: huub.meijers@maastrichtuniversity.nl
Author-Workplace-Name: UNU-MERIT/MGSoG and Department of Economics, Maastricht University
Author-Name: Weel, Bas ter
Author-Email: b.ter.weel@cpb.nl
Author-Workplace-Name: CPB Netherlands Bureau for Economic Policy Research and Department
	of Economics, Maastricht University
Title: The importance of intrinsic and extrinsic motivation for measuring IQ
Abstract: This research provides an economic model of the way people behave during
 	an IQ test. We distinguish a technology that describes how time
 	investment improves performance from preferences that determine how much
 	time people invest in each question. We disentangle these two elements
 	empirically using data from a laboratory experiment. The main findings
 	are that both intrinsic (questions that people like to work on) and
 	extrinsic motivation (incentive payments) increase time investments and
 	as a result performance. The presence of incentive payments seems to be
 	more important than the size of the reward. Intrinsic and extrinsic
 	motivations turn out to be complements.        
Classification-JEL: J20, J24
Keywords:  incentives, cognitive test scores 
Series: UNU-MERIT Working Papers
Creation-Date: 2013
Number: 006
File-URL: http://www.merit.unu.edu/publications/wppdf/2013/wp2013-006.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2013006