Motivation crowding theory

The motivation crowding theory suggests that external motivators—monetary incentives or punishments—may undermine (and under different conditions strengthen) intrinsic motivation. However, the idea that monetary incentives can actually reduce motivation conflicts with the relative price effect, upon which much of accepted economics is based.^{[citation needed]}

See also

• Overjustification effect
• Motivation

References

• Akerlof, G.A. (1982). "Labor Contracts as Partial Gift Exchange". Quarterly Journal of Economics, 97(4):543–69.
• Frey, Bruno S. and Jegen, Reto (2001). "Motivation Crowding Theory". Journal of Economic Surveys, 15(5):589–611.

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