Why High Incentives Cause Repugnance: a Framed Field Experiment

成果类型:
Article
署名作者:
Stuber, Robert
署名单位:
New York University; New York University Abu Dhabi; New York University; New York University Abu Dhabi
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1093/ej/ueae018
发表日期:
2024
页码:
2580-2620
关键词:
economics attitudes ETHICS preferences CHALLENGE decisions coercion kidneys payment pay
摘要:
Why are high monetary payments prohibited for certain goods, thereby causing shortages in their supply? I conduct (i) a framed field experiment with a general population sample and (ii) a survey experiment with this sample and with ethics committees. In the experiment, participants can prohibit others from being offered money to register as stem-cell donors. I document that, whereas the majority of participants do not respond to changes in the incentives (63%) or become more in favour of the offer with higher incentives (20%), a minority of 17% prohibit high incentives. I show that this minority wants to protect individuals who are persuaded by high incentives. I also show that a lottery scheme reduces their objections to high incentives. Finally, I document that the public is much more supportive of high incentives than are ethics committees.