Psychology Dictionary of ArgumentsHome
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| Incentives: in psychology, incentives are stimuli that motivate individuals to engage in specific behaviors. These can be positive, such as rewards or benefits, or negative, like the avoidance of punishment. See also Decision-making processes, Motivation, Behavior, Social behavior, Stimuli._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Experimental Psychology on Incentives - Dictionary of Arguments
Parisi I 106 Incentives/Experimental Psychology/Wilkinson-Ryan: One of the primary differences between experimental economics and experimental psychology is that psychology research is not always “incentive compatible.” This means that in many cases, there are no material incentives constraining subjects’ choices and statements. In moral psychology, an area covered here in some detail, this may have particular bite, insofar as most people presumably prefer to think of and present themselves as moral actors. When there is no incentive to do otherwise, people may espouse highly moral views that they would drop if the moral choice was costly. Unlike economists, psychologists do not typically view this objection as dispositive. >Motivation, >Behavior, >Experiments, >Method, >Economy, >Economics, >Experimental economics. Indeed, there is some evidence that subjects making hypothetical choices behave very similarly to subjects making choices with real payouts (Ben-Ner, Kramer, and Levy, 2008)(1). The commonsense question for any evaluation of the internal and external validity of a study is what reasons the subjects have, in addition to the experimenter’s interpretations, to respond in the observed ways. 1. Ben-Ner, Avner, Amit Kramer, and Ori Levy (2008). “Economic and Hypothetical Dictator Game Experiments: Incentive Effects at the Individual Level.” Journal of Socio-Economics 37: 1775–1784. Wilkinson-Ryan, Tess. „Experimental Psychology and the Law“. In: Parisi, Francesco (ed) (2017). The Oxford Handbook of Law and Economics. Vol 1: Methodology and Concepts. NY: Oxford University Press._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Experimental Psychology Parisi I Francesco Parisi (Ed) The Oxford Handbook of Law and Economics: Volume 1: Methodology and Concepts New York 2017 |
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> Counter arguments against Experimental Psychology
> Counter arguments in relation to Incentives
