Increasing workload in a stochastic environment

Philipp Weinschenk

Economics Letters, 2012, vol. 115, issue 2, 286-288

Abstract: 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.

Keywords: Increasing workload; Deadline; Stochasticity (search for similar items in EconPapers)
JEL-codes: D11 D81 D91 J22 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:115:y:2012:i:2:p:286-288

DOI: 10.1016/j.econlet.2011.12.055

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