Increasing Workload in a Stochastic Environment

27 Pages Posted: 10 Nov 2010 Last revised: 5 Dec 2010

See all articles by Philipp Weinschenk

Philipp Weinschenk

University of Kaiserslautern; Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods

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

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

Philipp Weinschenk (Contact Author)

University of Kaiserslautern ( email )

Paul-Ehrlich-Stra├če 14
Kaiserslautern, D-67663
Germany

HOME PAGE: http://https://vwl-mikro.wiwi.uni-kl.de/team/prof-dr-philipp-weinschenk/

Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods ( email )

Kurt-Schumacher-Str. 10
D-53113 Bonn, 53113
Germany

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