Increasing Workload in a Stochastic Environment
27 Pages Posted: 10 Nov 2010 Last revised: 5 Dec 2010
Date Written: November 1, 2010
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
JEL Classification: D81, D91, J22, D11
Suggested Citation: Suggested Citation
Weinschenk, Philipp, Increasing Workload in a Stochastic Environment (November 1, 2010). MPI Collective Goods Preprint, No. 2010/43, Available at SSRN: https://ssrn.com/abstract=1705927 or http://dx.doi.org/10.2139/ssrn.1705927
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.