One of Tyler Cowen's recent books, probably "Discover your Inner Economist" discusses this in depth.
Some other experiments, possibly from K & T, show the same irrationalities among very poor third world residents when dealing with amounts of money that are very substantial to them.
I think Ariely covered some of these experiments in Upside of Irrationality, though the point he was trying to make is that too much incentive is counterproductive (decreases rational behavior).
I'm trying to better understand the relationship between incentivization and rationality, and it occurred to me that it is a "folk fact" around here that large financial incentives don't make cognitive biases go away.
However, I can't seem to find any papers that actually say this. It's not easy to google for (I have tried) so I wonder if the Less Wrong collective memory knows how to find the papers?
Is there a pattern to which biases go away with incentivization? Do we have at least 5 examples of biases that go away with incentivization and 5 examples that don't go away with incentivization?
As an incentive, I'll paypal $10 to the commenter whose answer is least biased and most useful.