A Crypto-Token Based Charging Incentivization Scheme for Sustainable Light Electric Vehicle Sharing

Wittek, Kevin; Finke, Sebastian; Schelte, Nora; Pohlmann, Norbert; Severengiz, Semih

doi:10.1109/e-tems51171.2021.9524902

Cited by 2 publications

(4 citation statements)

References 13 publications

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“…Increasingly, token incentives are applied in various application domains of society such as construction [31], health [27], Covid-19 prevention measures [60], electricity production and consumption [32], car sharing [84,85], alleviating traffic congestion [86], book-keeping [38], decentralized access-control systems [40], or waste reduction [34]. Nevertheless, behavioral traits stemming from intrinsic motivation, such as creativity, joy, self-determination, purpose, and endurance may be important for some of those application domains which could be crowded out by these cryptoeconomic incentives and thus would result in reduced performance.…”

Section: ) (Ethical) Risksmentioning

confidence: 99%

“…In these studies, the performance of the applied incentives is investigated using simulations [29], game-theoretical methodologies [30], and case studies [31]. Nonetheless, behavioral data of users in comparison with treatment groups with and without incentivization have not been collected, which limits these approaches as the utilized models cannot be calibrated with real-world data [32]. Controlled experiments are therefore required that investigate the impact of these cryptoeconomic incentives on humans informationsharing behavior.…”

Section: Introductionmentioning

confidence: 99%

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To Incentivize or Not: Impact of Blockchain-Based Cryptoeconomic Tokens on Human Information Sharing Behavior

Ballandies

2022

IEEE Access

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Cryptoeconomic incentives in the form of blockchain-based tokens are seen as an enabler of the sharing economy that could shift society towards greater sustainability. Nevertheless, knowledge of the impact of these tokens on human sharing behavior is still limited and this poses a challenge to the design of effective cryptoeconomic incentives. This study applies the theory of self-determination to investigate the impact of such tokens on human behavior in an information-sharing scenario. By utilizing an experimental methodology in the form of a randomized control trial with a 2x2 factorial design involving 132 participants, the effects of two token incentives on human information-sharing behavior are analyzed. Individuals obtain these tokens in exchange for their shared information. Based on the collected tokens, individuals receive a monetary payment and build reputation. Besides investigating the effect of these incentives on the quantity of shared information, the study includes quality characteristics of the information, such as accuracy and contextualization. The focus on quantity while excluding quality has been identified as a limitation in previous work. In addition to confirming previously known effects such as a crowding-out of intrinsic motivation by incentives, which also exists for blockchain-based tokens, the findings of this paper point to a hitherto unreported interaction effect between multiple tokens when applied simultaneously. The findings are critically discussed and put into the context of recent work and ethical considerations. The theory-basedempirical study is of interest to those investigating the effect of cryptoeconomic tokens or digital currencies on human behavior and supports the community in the design of effective personalized incentives for sharing economies.

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Section: ) (Ethical) Risksmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

To Incentivize or Not: Impact of Blockchain-Based Cryptoeconomic Tokens on Human Information Sharing Behavior

Ballandies

2022

IEEE Access

View full text Add to dashboard Cite

show abstract

“…Increasingly, token incentives are applied in various application domains of society such as construction [31], health [27], Covid-19 prevention measures [60], electricity production and consumption [32], car sharing [84,85], alleviating traffic congestion [86], book-keeping [38], decentralized accesscontrol systems [40], or waste reduction [34]. Nevertheless, behavioral traits stemming from intrinsic motivation, such as creativity, joy, self-determination, purpose, and endurance may be important for some of those application domains which could be crowded out by these cryptoeconomic incentives and thus would result in reduced performance.…”

Section: B Implicationsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

To incentivize or not: Impact of blockchain-based cryptoeconomic tokens on human information sharing behavior

Ballandies

2022

Preprint

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Cryptoeconomic incentives in the form of blockchain-based tokens are seen as an enabler of the sharing economy that could shift society towards greater sustainability. Nevertheless, knowledge of the impact of these tokens on human sharing behavior is still limited and this poses a challenge to the design of effective cryptoeconomic incentives. This study applies the theory of self-determination to investigate the impact of such tokens on human behavior in an information-sharing scenario. By utilizing an experimental methodology in the form of a randomized control trial with a 2x2 factorial design involving 132 participants, the effects of two token incentives on human information-sharing behavior are analyzed. Individuals obtain these tokens in exchange for their shared information. Based on the collected tokens, individuals receive a monetary payment and build reputation. Besides investigating the effect of these incentives on the quantity of shared information, the study includes quality characteristics of the information, such as accuracy and contextualization. The focus on quantity while excluding quality has been identified as a limitation in previous work. In addition to confirming previously known effects such as a crowding-out of intrinsic motivation by incentives, which also exists for blockchain-based tokens, the findings of this paper point to a hitherto unreported interaction effect between multiple tokens when applied simultaneously. The findings are critically discussed and put into the context of recent work and ethical considerations. The theory-based-empirical study is of interest to those investigating the effect of cryptoeconomic tokens or digital currencies on human behavior and supports the community in the design of effective personalized incentives for sharing economies.

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A Crypto-Token Based Charging Incentivization Scheme for Sustainable Light Electric Vehicle Sharing

Cited by 2 publications

References 13 publications

To Incentivize or Not: Impact of Blockchain-Based Cryptoeconomic Tokens on Human Information Sharing Behavior

To Incentivize or Not: Impact of Blockchain-Based Cryptoeconomic Tokens on Human Information Sharing Behavior

To incentivize or not: Impact of blockchain-based cryptoeconomic tokens on human information sharing behavior

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