olimay comments on Share Your Anti-Akrasia Tricks - Less Wrong
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It sounds like a good idea, but it's never worked very well for me. I've tried monetary and other forms of incentives. Sometimes it would work, but over the longer term some part of me began to get more and more desensitized to failing. During some periods, it actually put me into a mode of learned helplessness, and even despair, where "akrasia" can describe nearly every aspect of life.
In general, I find that using negative incentives to motivate distracts me. Instead of taking action, the increasing salience of the possibility and consequences of failure makes it more likely to "hide" or just give up.