Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/81254 
Year of Publication: 
2004
Series/Report no.: 
IUI Working Paper No. 618
Publisher: 
The Research Institute of Industrial Economics (IUI), Stockholm
Abstract: 
We analyze the effect of deadlines on timing of effort when agents are occasionaly distracted. We show that agents precautiously work early when completion of the task is uncertain, but rather likely. Agents who are rarely distracted will always postpone effort since the risk of not completing is small. As a result, increasing the probability of being distracted may even increase the likelihood of meeting the deadline. We further show that introducing the possibility of having the deadline extended may improve the total probability of completing the task without reducing the probability of completing within the originally announced deadline.
Subjects: 
Deadlines
Timing of Effort
Optimal Incentives
JEL: 
D81
J22
M50
Document Type: 
Working Paper

Files in This Item:
File
Size
651.22 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.