Self-rewards and personal motivation

B-Tier
Journal: European Economic Review
Year: 2014
Volume: 68
Issue: C
Pages: 151-167

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Self-administered rewards are ubiquitous. They serve as incentives for personal accomplishments and are widely recommended to increase personal motivation. We show that in a model with time-inconsistent and reference-dependent preferences, self-rewards can be a credible and effective tool to overcome self-control problems. We also discuss the different types of self-rewards the individual can use, such as vice goods and virtue goods, and analyze which types of goods the individual prefers.

Technical Details

RePEc Handle
repec:eee:eecrev:v:68:y:2014:i:c:p:151-167
Journal Field
General
Author Count
4
Added to Database
2026-01-25