STANĚK, Rostislav and Ondřej KRČÁL. Time preferences, cognitive abilities and intrinsic motivation to exert effort. Online. Applied Economics Letters. UK: Taylor & Francis, 2019, vol. 26, No 12, p. 1033-1037. ISSN 1350-4851. Available from: [citováno 2024-04-24]
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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
Original language English
Type of outcome Article in a journal
Field of Study 50201 Economic Theory
Country of publisher United Kingdom of Great Britain and Northern Ireland
Confidentiality degree is not subject to a state or trade secret
Impact factor Impact factor: 0.752
RIV identification code RIV/00216224:14560/19:00107180
Organization unit Faculty of Economics and Administration
UT WoS 000462880600012
Keywords (in Czech) časové preference; kognitivní schopnosti; motivace; laboratorní experiment
Keywords in English time preferences; cognitive abilities; intrinsic motivation; laboratory experiment
Tags International impact, Reviewed
Changed by Changed by: Mgr. Daniela Marcollová, učo 111148. Changed: 9/4/2020 10:02.
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.
GA18-19492S, research and development projectName: Vliv kvality bydlení na preference a chování: ekonomické experimenty s účastníky randomizovaného kontrolovaného experimentu
Investor: Czech Science Foundation
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