Incentives crowd out voluntary cooperation: evidence from gift-exchange experiments
(2025)
Journal Article
Gächter, S., Kaiser, E., & Königstein, M. (2025). Incentives crowd out voluntary cooperation: evidence from gift-exchange experiments. Experimental Economics, 1-32. https://doi.org/10.1017/eec.2024.14
Explicit and implicit incentives and opportunities for mutually beneficial voluntary cooperation coexist in many economic relationships. In a series of eight laboratory gift-exchange experiments, we show that incentives can lead to crowding out of vo... Read More about Incentives crowd out voluntary cooperation: evidence from gift-exchange experiments.