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Daniel Pink described a variety of studies that examined the relationship between extrinsic rewards and motivation. Specifically, he shared that for individuals working on tasks

Daniel Pink described a variety of studies that examined the relationship between extrinsic rewards and motivation. Specifically, he shared that for individuals working on tasks that require creativity and higher cognitive skill...
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a larger reward led to poorer performance.
some types rewards (e.g., money) impacted performance but other types (e.g., grades) did not.
some people (e.g., younger kids) performed better with high value rewards but others (e.g., adults) did not.
the relationship was the same for all tasks and did not matter whether it required creativity or cognitive skill.

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