The effectiveness of different types of monetary incentives to download the TraceTogether application

The effectiveness of different types of monetary incentives in influencing behaviour varies. This study evaluated the effectiveness of different types of monetary incentives in motivating participants to download TraceTogether, a contact tracing application in Singapore. The monetary incentive categ...

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Main Authors: Lim, Mei Hui, Liu, Lingshan, Ng, Shu Min
Other Authors: Yohanes Eko Riyanto
Format: Final Year Project
Language:English
Published: Nanyang Technological University 2021
Subjects:
Online Access:https://hdl.handle.net/10356/147919
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-1479192023-03-05T15:47:19Z The effectiveness of different types of monetary incentives to download the TraceTogether application Lim, Mei Hui Liu, Lingshan Ng, Shu Min Yohanes Eko Riyanto School of Social Sciences YERIYANTO@ntu.edu.sg Social sciences::Economic development The effectiveness of different types of monetary incentives in influencing behaviour varies. This study evaluated the effectiveness of different types of monetary incentives in motivating participants to download TraceTogether, a contact tracing application in Singapore. The monetary incentive categories examined are “direct payment”, “gift card”, donation to a charity organisation on behalf of participants (“charity donation”) and giving participants a choice between all incentive types (“choice”). To measure the effectiveness of these monetary incentives, participants’ minimum willingness to accept (WTA) was measured. The minimum WTA to download the TraceTogether application refers to the lowest amount of money that would get participants to download it. Participants’ willingness to download the application was also compared with a control group. This group was asked whether they would download it without any mention of monetary incentives. The main findings of this study were (i) Participants were more willing to download the TraceTogether application with monetary incentives compared to no monetary incentives, (ii) All participants in the “choice” group chose to receive direct payment, (iii) Most participants believed that direct payment would result in the highest number of people downloading a contact tracing application, (iv) “Direct payment”, “gift card” and “choice” had statistically lower minimum WTA than “charity donation” and (v) There is no statistically significant difference between the minimum WTA of “choice” and “direct payment”, “direct payment” and “gift card”, as well as “gift card” and “choice”. Bachelor of Arts in Economics 2021-04-20T04:49:53Z 2021-04-20T04:49:53Z 2021 Final Year Project (FYP) Lim, M. H., Liu, L. & Ng, S. M. (2021). The effectiveness of different types of monetary incentives to download the TraceTogether application. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/147919 https://hdl.handle.net/10356/147919 en application/pdf Nanyang Technological University
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Social sciences::Economic development
spellingShingle Social sciences::Economic development
Lim, Mei Hui
Liu, Lingshan
Ng, Shu Min
The effectiveness of different types of monetary incentives to download the TraceTogether application
description The effectiveness of different types of monetary incentives in influencing behaviour varies. This study evaluated the effectiveness of different types of monetary incentives in motivating participants to download TraceTogether, a contact tracing application in Singapore. The monetary incentive categories examined are “direct payment”, “gift card”, donation to a charity organisation on behalf of participants (“charity donation”) and giving participants a choice between all incentive types (“choice”). To measure the effectiveness of these monetary incentives, participants’ minimum willingness to accept (WTA) was measured. The minimum WTA to download the TraceTogether application refers to the lowest amount of money that would get participants to download it. Participants’ willingness to download the application was also compared with a control group. This group was asked whether they would download it without any mention of monetary incentives. The main findings of this study were (i) Participants were more willing to download the TraceTogether application with monetary incentives compared to no monetary incentives, (ii) All participants in the “choice” group chose to receive direct payment, (iii) Most participants believed that direct payment would result in the highest number of people downloading a contact tracing application, (iv) “Direct payment”, “gift card” and “choice” had statistically lower minimum WTA than “charity donation” and (v) There is no statistically significant difference between the minimum WTA of “choice” and “direct payment”, “direct payment” and “gift card”, as well as “gift card” and “choice”.
author2 Yohanes Eko Riyanto
author_facet Yohanes Eko Riyanto
Lim, Mei Hui
Liu, Lingshan
Ng, Shu Min
format Final Year Project
author Lim, Mei Hui
Liu, Lingshan
Ng, Shu Min
author_sort Lim, Mei Hui
title The effectiveness of different types of monetary incentives to download the TraceTogether application
title_short The effectiveness of different types of monetary incentives to download the TraceTogether application
title_full The effectiveness of different types of monetary incentives to download the TraceTogether application
title_fullStr The effectiveness of different types of monetary incentives to download the TraceTogether application
title_full_unstemmed The effectiveness of different types of monetary incentives to download the TraceTogether application
title_sort effectiveness of different types of monetary incentives to download the tracetogether application
publisher Nanyang Technological University
publishDate 2021
url https://hdl.handle.net/10356/147919
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