Honours versus Money by Bruno S. Frey & Jana Gallus
Author:Bruno S. Frey & Jana Gallus [Frey, Bruno S. & Gallus, Jana]
Language: eng
Format: epub
ISBN: 9780192519504
Publisher: OUP Oxford
Published: 2017-06-19T00:00:00+00:00
There is so far only limited evidence on the post-intervention persistence of treatment effects in the context of voluntary public goods contributions. The related field experiments that do consider long-run post-intervention implications (six months and longer) mostly study treatments targeted at charitable giving, and environmental conservation interventions using household-level social comparison messages (see Gallus 2016, p. 10). The results of these studies are mixed; while in some cases the effects persist after the treatmentâs discontinuation, in other cases they vanish or even turn into negative net effects, for instance due to motivation crowding-out. Given their significant costs, some interventions end up destroying more value than they might have initially created. Symbolic awards are a low-cost intervention. The basic test in Table 5.3 helps ensure that the positive effect found in the first month after the award bestowal is not reversed later on. The finding that the retention rate in the treatment group continues to lie significantly above that in the control group in each of the following four quarters indicates that awards have the potential to trigger a dynamic that fosters retention over the long term.
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