Reference points and effort provision
A key open question for theories of reference-dependent preferences is what determines the reference point. One candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment, we manipulate the rational expectations of subjects and ch...
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Weitere Verfasser: | , , , |
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Munich
Univ., Center for Economic Research u.a.
2009
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Schriftenreihe: | CESifo working paper series Labour markets
2585 |
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