Daily Archive: April 1, 2015

Apr 01

Related Academic Work 7: Financial Incentives and the “Performance of Crowds”

Financial Incentives and the “Performance of Crowds” – Mason & Watts Social scientists have long been interested in how incentives influence performance. Financial incentives interestingly are not perhaps the most efficient of motivators for crowds. This study found that increased financial incentives increase the quantity, but crucially not the quality of work. Those who are …

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