Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20164 
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dc.contributor.authorGoette, Lorenzen
dc.contributor.authorHuffman, Daviden
dc.contributor.authorFehr, Ernsten
dc.date.accessioned2009-01-28T16:12:06Z-
dc.date.available2009-01-28T16:12:06Z-
dc.date.issued2003-
dc.identifier.urihttp://hdl.handle.net/10419/20164-
dc.description.abstractIn many occupations workers? labor supply choices are constrained by institutional rules regulating labor time and effort provision. This renders explicit tests of the neoclassical theory of labor supply difficult. Here we present evidence from studies examining labor supply responses in ?neoclassical environments? in which workers are free to choose when and how much to work. Despite the favorable environment the results cast doubt on the neoclassical model. They are, however, consistent with a model of reference dependent preferences exhibiting loss aversion and diminishing sensitivity.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x927en
dc.subject.jelB49en
dc.subject.jelJ22en
dc.subject.ddc330en
dc.subject.keywordlabor supplyen
dc.subject.keywordintertemporal substitutionen
dc.subject.keywordloss aversionen
dc.subject.keywordreference dependenten
dc.subject.stwArbeitsangeboten
dc.subject.stwArbeitszeiten
dc.subject.stwZeitpräferenzen
dc.subject.stwRisikoaversionen
dc.subject.stwProspect Theoryen
dc.subject.stwTheorieen
dc.subject.stwDeutschlanden
dc.titleLoss aversion and labor supply-
dc.typeWorking Paperen
dc.identifier.ppn374481067en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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