Deposit? Yes, please! The effect of different modes of assigning reward-and deposit-based financial incentives on effort 317 9 Model 0 Model 1 Model 2 Model 3 Model 4 Model 5 Sample Both arms Both arms Only random Only nudged Only depositbased Only rewardbased Earnings Intercept 1198.5 .000 567.1 .000 570.7 .028 735.2 .000 572.9 .045 510.9 .002 Nudged assignment 129.1 .080 280.0 .073 13.6 .864 Payment condition €12 351.4 .000 356.0 .028 389.6 .000 275.3 .190 376.0 .000 Payment condition €20 1064.4 .000 902.2 .000 1285.4 .000 985.5 .000 1114.6 .000 Deposit scheme -123.2 .342 4.6 .963 Demand for commitment (ref. willing to commit) -32.6 .754 25.3 .737 67.7 .599 -40.4 .659 11.9 .947 70.4 .389 Loss aversion -5.2 .613 -12.2 .089 -7.4 .480 -11.3 .267 -14.0 .198 2.0 .863 Kirby score -769.6 .688 -905.4 .504 2284.0 .471 -2312.6 .052 -2039.4 .374 74.4 .967 Model0: Effect of economic characteristics persistence and earnings Model1: Effect of choice on persistence and earnings corrected for economic characteristics Model2: Effect of deposit incentives on persistence and earnings when it is not a choice corrected for economic characteristics Model3: Effect of deposit incentives on persistence and earnings when it is a choice corrected for economic characteristics Model 4: Effect of choice on persistence and earnings among those who have a deposit-based incentive scheme corrected for economic characteristics Model 5: Effect of choice on persistence and earnings among those who have a reward-based incentive scheme corrected for economic characteristics Table B2. Continued
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