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Increasing Workload in a Stochastic Environment
Weinschenk, P.
(2010).
Increasing Workload in a Stochastic Environment.
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https://hdl.handle.net/11858/00-001M-0000-0028-6FD6-7
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https://hdl.handle.net/11858/00-001M-0000-0028-6FD7-5
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http://www.coll.mpg.de/pdf_dat/2010_43online.pdf
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Weinschenk, Philipp
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Max Planck Institute for Research on Collective Goods, Max Planck Society, ou_2173688
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Abstract
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We show that a steeply increasing workload before a deadline is compatible with time-consistent preferences. The key departure from the literature is that we consider a stochastic environment where success of effort is not guaranteed.
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2010
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Issued
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Bonn : Max Planck Institute for Research on Collective Goods
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Other: 2010/43
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