Time preferences, cognitive abilities and intrinsic motivation
to exert effort

J 2019

Time preferences, cognitive abilities and intrinsic motivation to exert effort

STANĚK, Rostislav and Ondřej KRČÁL

Basic information

Original name

Time preferences, cognitive abilities and intrinsic motivation to exert effort

Authors

STANĚK, Rostislav (203 Czech Republic, guarantor, belonging to the institution) and Ondřej KRČÁL (203 Czech Republic, belonging to the institution)

Edition

Applied Economics Letters, UK, Taylor & Francis, 2019, 1350-4851

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50201 Economic Theory

Country of publisher

United Kingdom of Great Britain and Northern Ireland

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

URL

Impact factor

Impact factor: 0.752

RIV identification code

RIV/00216224:14560/19:00107180

Organization unit

Faculty of Economics and Administration

DOI

http://dx.doi.org/10.1080/13504851.2018.1529387

UT WoS

000462880600012

Keywords (in Czech)

časové preference; kognitivní schopnosti; motivace; laboratorní experiment

Keywords in English

time preferences; cognitive abilities; intrinsic motivation; laboratory experiment

Abstract

V originále

The experimental literature has found a positive relationship between patience and performance in cognitive tests that are not incentivized by money. It has also been shown that unincentivized cognitive tests capture not only cognitive ability (CA), but also intrinsic motivation related to the test takers’ personality traits. In order to determine whether the relationship between patience and test scores is driven by intrinsic motivation or CA, we run an experiment in which subjects take either incentivized or unincentivized cognitive tests. We find that while incentivized test scores positively correlate with patience, the unincentivized scores are not related to the time preferences of our subjects. The observed correlation between patience and cognitive test scores therefore seems to be driven by CA rather than by intrinsic motivation related to personality traits.

Links

GA18-19492S, research and development project

Name: Vliv kvality bydlení na preference a chování: ekonomické experimenty s účastníky randomizovaného kontrolovaného experimentu

Investor: Czech Science Foundation

Citovat

STANĚK, Rostislav and Ondřej KRČÁL. Time preferences, cognitive abilities and intrinsic motivation to exert effort. Applied Economics Letters. UK: Taylor & Francis, 2019, vol. 26, No 12, p. 1033-1037. ISSN 1350-4851. Available from: https://dx.doi.org/10.1080/13504851.2018.1529387.

@article{1448836,
   author = {Staněk, Rostislav and Krčál, Ondřej},
   article_location = {UK},
   article_number = {12},
   doi = {http://dx.doi.org/10.1080/13504851.2018.1529387},
   keywords = {time preferences; cognitive abilities; intrinsic motivation; laboratory experiment},
   language = {eng},
   issn = {1350-4851},
   journal = {Applied Economics Letters},
   title = {Time preferences, cognitive abilities and intrinsic motivation to exert effort},
   url = {https://www.tandfonline.com/doi/full/10.1080/13504851.2018.1529387},
   volume = {26},
   year = {2019}
}

TY  - JOUR
ID  - 1448836
AU  - Staněk, Rostislav - Krčál, Ondřej
PY  - 2019
TI  - Time preferences, cognitive abilities and intrinsic motivation to exert effort
JF  - Applied Economics Letters
VL  - 26
IS  - 12
SP  - 1033-1037
EP  - 1033-1037
PB  - Taylor & Francis
SN  - 13504851
KW  - time preferences
KW  - cognitive abilities
KW  - intrinsic motivation
KW  - laboratory experiment
UR  - https://www.tandfonline.com/doi/full/10.1080/13504851.2018.1529387
L2  - https://www.tandfonline.com/doi/full/10.1080/13504851.2018.1529387
N2  - The experimental literature has found a positive relationship between patience and performance in cognitive tests that are not incentivized by money. It has also been shown that unincentivized cognitive tests capture not only cognitive ability (CA), but also intrinsic motivation related to the test takers’ personality traits. In order to determine whether the relationship between patience and test scores is driven by intrinsic motivation or CA, we run an experiment in which subjects take either incentivized or unincentivized cognitive tests. We find that while incentivized test scores positively correlate with patience, the unincentivized scores are not related to the time preferences of our subjects. The observed correlation between patience and cognitive test scores therefore seems to be driven by CA rather than by intrinsic motivation related to personality traits.
ER  -

STANĚK, Rostislav and Ondřej KRČÁL. Time preferences, cognitive abilities and intrinsic motivation to exert effort. \textit{Applied Economics Letters}. UK: Taylor \&{} Francis, 2019, vol.~26, No~12, p.~1033-1037. ISSN~1350-4851. Available from: https://dx.doi.org/10.1080/13504851.2018.1529387.

Detailed Information on Publication Record