The Multi-Faces Of Procrastination
AbstractOften people procrastinate unpleasant tasks for immediate gratification in doing nothing today. Therefore many scholars have been engaged in designing incentive schemes to avoid it. We think the process is very complicated and many features need to be analyzed, as the subjective evaluations of succeeding and rewards. Moreover, sometime people procrastinate because they feel insecure, investing to improve their performance hoping in a better result in the long run. This process can be dangerous, producing as result that we call “the curse of perfectionism”. Nevertheless procrastination may also have positive consequences if people spend their time in alternative activities, also useful for other ex post best rewarded tasks. We call this case as “productive procrastination”. In this paper we explore all these possibilities and underline conditions for they happen. We also discuss our results according to the difference between naive and sophisticated subjects.
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Bibliographic InfoPaper provided by Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica) in its series Working Papers with number 201013.
Length: 22 pages
Date of creation: Jun 2010
Date of revision:
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Postal: Università della Calabria, Dipartimento di Economia, Statistica e Finanza, Ponte Pietro Bucci, Cubo 0/C, I-87036 Arcavacata di Rende, CS, Italy
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Web page: http://www.unical.it/portale/strutture/dipartimenti_240/disesf/
More information through EDIRC
Time-Inconsistent Preferences; Optimal Effort; Procrastination; Inter-temporal Choice;
Find related papers by JEL classification:
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- D03 - Microeconomics - - General - - - Behavioral Microeconomics; Underlying Principles
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- D91 - Microeconomics - - Intertemporal Choice - - - Intertemporal Household Choice; Life Cycle Models and Saving
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