Defining Bad And Good 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 the probability of success and rewards. In this paper we explore these factors and analyse under what conditions procrastination is a bad decision, with negative consequences or, on the contrary, it is the better choice. We also analyse a particular case of good procrastination, that is when procrastination may have positive consequences because people spend their time in alternative activities, useful for other ex post best rewarded tasks. We define this case as “productive procrastination”.
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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 201205.
Length: 16 pages
Date of creation: Mar 2012
Date of revision:
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More information through EDIRC
Time-Inconsistent Preferences; Procrastination; Inter-temporal Choice;
Find related papers by JEL classification:
- D03 - Microeconomics - - General - - - Behavioral Microeconomics; Underlying Principles
- 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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Cowles Foundation Discussion Papers
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