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Theoretical and experimental investigations of rewards and punishments

Research Project

Project/Area Number 26590029
Research Category

Grant-in-Aid for Challenging Exploratory Research

Allocation TypeMulti-year Fund
Research Field Economic theory
Research InstitutionKochi University of Technology

Principal Investigator

KAMIJO Yoshio  高知工科大学, 経済・マネジメント学群, 教授 (40453972)

Co-Investigator(Renkei-kenkyūsha) MIFUNE Nobuhiro  高知工科大学, 経済・マネジメント学群, 准教授 (00708050)
OKANO Yoshitaka  高知工科大学, 経済・マネジメント学群, 講師 (20513120)
Project Period (FY) 2014-04-01 – 2017-03-31
Project Status Completed (Fiscal Year 2016)
Budget Amount *help
¥3,640,000 (Direct Cost: ¥2,800,000、Indirect Cost: ¥840,000)
Fiscal Year 2016: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2015: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Keywords飴と鞭 / 懲罰 / 報酬 / ゲーム理論 / 実験 / 相対評価
Outline of Final Research Achievements

We provide a game theoretical framework to explain how bottom punishment or top reward enhances performance of teams when there is heterogeneity across players in cost-performance relationships. We derive easy-to-check sufficient conditions to judge whether reward or punishment is better. From the sufficient condition, we know that punishment is better for less heterogeneous people and reward is better for more heterogeneous people if the performance function is additive. To check the theoretical predictions, we conducted the field and laboratory experiments. We found that while the reactions of the actual people to the two incentives are more complex than the predicted behavior by the theory, how they use sticks or carrots are consistent with the theoretical predictions.

Report

(4 results)
  • 2016 Annual Research Report   Final Research Report ( PDF )
  • 2015 Research-status Report
  • 2014 Research-status Report
  • Research Products

    (3 results)

All 2016 2014

All Journal Article (1 results) (of which Peer Reviewed: 1 results,  Acknowledgement Compliant: 1 results) Presentation (2 results) (of which Int'l Joint Research: 1 results)

  • [Journal Article] Rewards versus punishments in additive, weakest-link, and best-shot contests、2016

    • Author(s)
      Kamijo
    • Journal Title

      Journal of Economic Behavior and Organization

      Volume: 122 Pages: 17-30

    • DOI

      10.1016/j.jebo.2015.11.013

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Acknowledgement Compliant
  • [Presentation] Motivated by competition or by competitors? Evidence from a cognitive task rank-order tournament2016

    • Author(s)
      Roland Cheo
    • Organizer
      Economic Science Association World Meeting 2016
    • Place of Presentation
      Israel
    • Related Report
      2016 Annual Research Report
    • Int'l Joint Research
  • [Presentation] A theory of competitive sanctions: How to use sticks and carrots to manage classroom, workplace and society2014

    • Author(s)
      上條良夫
    • Organizer
      2014 ESA International Meetings
    • Place of Presentation
      ハワイ
    • Year and Date
      2014-06-26
    • Related Report
      2014 Research-status Report

URL: 

Published: 2014-04-04   Modified: 2018-03-22  

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