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Are cash prizes all that helpful in fostering insight? I recall a demonstration at TED where cash incentives cause a worse performance, maybe due to pressure.
by eavc 15y ago
Are cash prizes all that helpful in fostering insight?
I recall a demonstration at TED where cash incentives cause a worse performance, maybe due to pressure.
So if people are showing up on intrinsic motivation alone, it might be good to let that lie.
- mhb 15y agoThey seem to have worked pretty well for Netflix and the X prizes.