Every parent has offered incentives: “If you’re patient while I get the tires rotated, we’ll get ice cream afterwards.” Or, “if you play nicely with your cousin, you can use the iPad before dinner.” ...
As the video game industry continues to grow and expand, many developers and publishers are on a quest to find more cost- and time-efficient methods of developing their products, especially as budgets ...
I don't use rewards like toys, candy, or money to motivate my child. I find that without treats and prizes, she gains more self-confidence and better values her personal achievements. But I didn't ...
All parents want to encourage behaviors that they find desirable in their children and to discourage those things they wish their children wouldn't do. Whether it's playing with other children, doing ...
When it comes to rewards and punishments, which is more effective -- the carrot or the stick? A simple experiment suggests that punishments are more likely to influence behavior than rewards. The ...
Handing out colored bracelets and upbeat stickers when students behave well seems like an effective strategy for encouraging civility. Little prizes and public praise would seem to encourage honesty, ...
This paper tests three predictions about consumer behavior derived from a behavioral economics perspective against the predictions of the rational choice model in the market for new credit cards.
Rewards are more powerful than punishments in managing a child's behavior. Yet when parents are asked how they discipline their children, most answer with some type of reprimand or punishment. Yelling ...
Issuers are fine-tuning their rewards strategies, using carrots that can encourage fiscal responsibility and help them weed out less-desirable accounts. While traditional rewards programs based on ...
With inflation becoming a pressing concern for most consumers, the desire for rewards and other shopping incentives has increased. We examine these incentives’ impact on consumer shopping behavior and ...