MarketExtrinsic incentives bias
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Extrinsic incentives bias

The extrinsic incentives bias is an attributional bias according to which people attribute relatively more to "extrinsic incentives" than to "intrinsic incentives" when weighing the motives of others rather than themselves.

Example
In the simplest experiment Heath reported, MBA students were asked to rank the expected job motivations of Citibank customer service representatives. Their average ratings were as follows: • Amount of pay • Having job security • Quality of fringe benefits • Amount of praise from your supervisor • Doing something that makes you feel good about yourself • Developing skills and abilities • Accomplishing something worthwhile • Learning new things Actual customer service representatives rank ordered their own motivations as follows: • Developing skills and abilities • Accomplishing something worthwhile • Learning new things • Quality of fringe benefits • Having job security • Doing something that makes you feel good about yourself • Amount of pay • Amount of praise from your supervisor The order of the predicted and actual reported motivations was nearly reversed; in particular, pay was rated first by others but near last for respondents of themselves. Similar effects were observed when MBA students rated managers and their classmates. ==Debiasing==
Debiasing
Heath suggests trying to infer others' motivations as one would by inferring one's own motivations. ==References==
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