Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35705 
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dc.contributor.authorAbeler, Johannesen
dc.contributor.authorFalk, Arminen
dc.contributor.authorGötte, Lorenzen
dc.contributor.authorHuffman, Daviden
dc.date.accessioned2009-01-22-
dc.date.accessioned2010-07-07T11:55:33Z-
dc.date.available2010-07-07T11:55:33Z-
dc.date.issued2009-
dc.identifier.piurn:nbn:de:101:1-2009020995en
dc.identifier.urihttp://hdl.handle.net/10419/35705-
dc.description.abstractA key open question for theories of reference-dependent preferences is what determines the reference point. One candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision. We find that effort provision is significantly different between treatments in the way predicted by models of expectation-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x3939en
dc.subject.jelC91en
dc.subject.jelD01en
dc.subject.jelD84en
dc.subject.jelJ22en
dc.subject.ddc330en
dc.subject.keywordReference pointsen
dc.subject.keywordexpectationsen
dc.subject.keywordloss aversionen
dc.subject.keywordrisk aversionen
dc.subject.keyworddisappointmenten
dc.subject.keywordexperimenten
dc.subject.stwLeistungsmotivationen
dc.subject.stwErwartungstheorieen
dc.subject.stwPräferenztheorieen
dc.subject.stwRisikoaversionen
dc.subject.stwVerlusten
dc.subject.stwTesten
dc.titleReference points and effort provision-
dc.type|aWorking Paperen
dc.identifier.ppn589814613en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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