Deposit? Yes, please! The effect of different modes of assigning reward-and deposit-based financial incentives on effort 321 9 Table C2: Effect of incentives on effort when reference level is Payment Model 1 Model 2 Model 3 Model 4 Model 5 Sample Both arms Only random Only nudged Only depositbased Only rewardbased Persistence β p-value β p-value β p-value β p-value β p-value Intercept 249.6 .000 263.6 .000 278.4 .000 237.9 .000 255.7 .000 Nudged assignment 48.4 .044 63.8 .097 42.7 .174 Payment condition €8* -36.9 .219 -40.6 .369 -30.0 .474 33.6 .549 -58.2 .126 Payment condition €20* 42.0 .137 7.6 .856 82.5 .031 35.1 .439 55.1 .168 Deposit-based incentives -0.2 .997 9.3 .789 Earnings Intercept 792.0 .000 953.9 .000 940.6 .000 651.3 .011 907.3 .000 Nudged assignment 189.6 .011 312.1 .039 94.5 .195 Payment condition €8* -270.5 .004 291.1 .048 -307.4 .007 -158.6 .470 -337.1 .000 Payment condition €20* 723.3 .000 564.9 .000 929.4 .000 698.4 .000 775.3 .000 Deposit-based scheme -214.9 .069 -54.7 .555 Condition €12 Model0: Effect of personal characteristics persistence and earnings Model1: Effect of choice on persistence and earnings corrected for personal characteristics Model2: Effect of deposit incentives on persistence and earnings when it is not a choice corrected for personal characteristics Model3: Effect of deposit incentives on persistence and earnings when it is a choice corrected for personal characteristics Model 4: Effect of choice on persistence and earnings among those who have a deposit-based incentive scheme corrected for personal characteristics Model 5: Effect of choice on persistence and earnings among those who have a reward-based incentive scheme corrected for personal characteristics
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