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Monetary-Incentive Competition Between Humans and Robots: Experimental Results | IEEE Conference Publication | IEEE Xplore

Monetary-Incentive Competition Between Humans and Robots: Experimental Results


Abstract:

In a controlled experiment, participants ( n=60) competed in a monotonous task with an autonomous robot for real monetary incentives. For each participant, we manipulated...Show More

Abstract:

In a controlled experiment, participants ( n=60) competed in a monotonous task with an autonomous robot for real monetary incentives. For each participant, we manipulated the robot's performance and the monetary incentive level across ten rounds. In each round, a participant's performance compared to the robot's would affect their odds in a lottery for the monetary prize. Standard economic theory predicts that people's effort will increase with prize value. Furthermore, recent work in behavioral economics predicts that there will also be a discouragement effect, with stronger robot performance discouraging human effort, and that this effect will increase with prize. We were not able to detect a meaningful effect of monetary prize, but we found a small discouragement effect, with human effort decreasing with increased robot performance, significant at the level. Using per-round subjective indicators, we also found a positive effect of robot performance on its perceived competence, a negative effect on the participants' liking of the robot, and a negative effect on the participants' own competence, all at . These findings shed light on how people may exert work effort and perceive robotic competitors in a human-robot workforce, and could have implications on labor supply decisions and the design of compensation schemes in the workplace.
Date of Conference: 11-14 March 2019
Date Added to IEEE Xplore: 25 March 2019
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Conference Location: Daegu, Korea (South)

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