Economics at your fingertips  

Make it too difficult, and I'll give up; let me succeed, and I'll excel: The interaction between assigned and personal goals

James Fan, Joaquín Gómez‐Miñambres and Samuel Smithers

Managerial and Decision Economics, 2020, vol. 41, issue 6, 964-975

Abstract: We examine the motivational effects of setting both assigned and personal nonbinding goals on a real‐effort laboratory experiment. In order to derive conjectures for our experiment, we develop a model with goal‐dependent preferences. In line with previous studies, we find that goal setting leads to a higher performance. We also find that goal setting is most effective if subjects were able to achieve previous goals. Therefore, in goal setting, “success breeds success.” In particular, we observe that when subjects are initially allowed to attain assigned goals, they are better at self‐motivating in the future when performing under personal goals.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Managerial and Decision Economics is currently edited by Antony Dnes

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2020-09-19
Handle: RePEc:wly:mgtdec:v:41:y:2020:i:6:p:964-975