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Defining Bad And Good Procrastination

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  • Nazaria Solferino

    ()
    (Dipartimento di Economia e Statistica, Università della Calabria)

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    Abstract

    Often 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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    File URL: http://www.ecostat.unical.it/RePEc/WorkingPapers/WP05_2012.pdf
    File Function: First version, 2012-03
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    Bibliographic Info

    Paper 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.

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    Length: 16 pages
    Date of creation: Mar 2012
    Date of revision:
    Handle: RePEc:clb:wpaper:201205

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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
    Phone: +39 0984 492413
    Fax: +39 0984 492421
    Web page: http://www.unical.it/portale/strutture/dipartimenti_240/disesf/
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    Related research

    Keywords: Time-Inconsistent Preferences; Procrastination; Inter-temporal Choice;

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    References

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    1. Hanming Fang & Dan Silverman, 2007. "Time-Inconsistency and Welfare Program Participation: Evidence from the NLSY," NBER Working Papers 13375, National Bureau of Economic Research, Inc.
    2. Stefano DellaVigna & M. Daniele Paserman, 2004. "Job Search and Impatience," NBER Working Papers 10837, National Bureau of Economic Research, Inc.
    3. D.Dragone, 2005. "Incoerenza Dinamica ed Autocontrollo: Proposta per un'Analisi Interdisciplinare," Working Papers 549, Dipartimento Scienze Economiche, Universita' di Bologna.
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