Incentives in experimental economics

Alisa Voslinsky, Ofer H. Azar

Research output: Contribution to journalArticlepeer-review

19 Scopus citations


The incentives provided to participants are an important aspect in experimental economics. We discuss several aspects of experimental incentives: how they help to recruit subjects; why performance-based incentives can motivate careful decision making, and yet why sometimes experiments without performance-based incentives are also useful; paying for all rounds or only one round in multi-round experiments; paying all subjects or a subset of them; conversion rates of experimental currency to real money; non-monetary incentives; and incentives in field experiments.

Original languageEnglish
Article number101706
JournalJournal of Behavioral and Experimental Economics
StatePublished - 1 Aug 2021


  • Design of experiments
  • Experimental economics methodology
  • Financial incentives
  • Hypothetical experiments
  • Incentives
  • Performance-based incentives

ASJC Scopus subject areas

  • Applied Psychology
  • Economics and Econometrics
  • Social Sciences (all)


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