Increasing Workload in a Stochastik Environment

نویسنده

  • Philipp Weinschenk
چکیده

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. JEL Classification: D91, J22, D81, D11.

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تاریخ انتشار 2010