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Each weekday, Marketplace’s Kimberly Adams makes today make sense along with her Marketplace colleagues, breaking down happenings in tech, the economy, and culture. Because none of us is as smart as all of us.
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In this episode we are talking to Timo Vogelsang about why incentives aimed at reducing absenteeism can sometimes have the opposite effect. Based on a Field Experiment in a German supermarket chain, he explains why offering bonuses for attendance backfired. We also explore how incentives can unintentionally shape beliefs and undermine motivation.
Timo Vogelsang is Associate Professor of Managerial Accounting at the Frankfurt School of Finance & Management. His research focuses on behavioural economics and public policy, with a particular interest in how incentives shape motivation and behaviour in real-world settings.
You can find the paper Timo talks about in the episode https://pubsonline.informs.org/doi/10.1287/mnsc.2022.00484. Klicken oder tippen Sie, wenn Sie diesem Link Vertrauen." href="https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fpubsonline.informs.org%2Fdoi%2F10.1287%2Fmnsc.2022.00484&data=05%7C02%7Cflorian.haas%40tws-partners.com%7Cd1455c5933f54aef5aaf08dd77fe5401%7C43ebb7b1befd48cda65d3e671fec1936%7C0%7C0%7C638798656570181864%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=An35Vrfo7etQpu2CfDCZJAmPQQqMBBCQLIwIGgOoiu0%3D&reserved=0">here.
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