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I am getting tired: Effort and fatigue in intertemporal decision-making

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  • Dragone, Davide

Abstract

Evidence on effort-demanding tasks suggests that exerting effort is fatiguing and that the accumulation of fatigue negatively affects the performance on both simultaneous and sequential tasks. This paper introduces the notion of fatigue by assuming that a worker has a limited amount of renewable resources that are depleted when effort is exerted. As multiple equilibria and thresholds can emerge, the optimal intertemporal allocation of effort depends both on the fatigue accumulated by the worker and on the wage rate chosen by the firm. A principal should take this into account, because choosing a wage rate that equals the marginal product value is, in general, suboptimal. This holds even if the worker is expected to exert constant effort over time.

Suggested Citation

  • Dragone, Davide, 2009. "I am getting tired: Effort and fatigue in intertemporal decision-making," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 552-562, August.
  • Handle: RePEc:eee:joepsy:v:30:y:2009:i:4:p:552-562
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    References listed on IDEAS

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    Cited by:

    1. Soman, Dilip & Liu, Maggie Wenjing, 2011. "Debiasing or rebiasing? Moderating the illusion of delayed incentives," Journal of Economic Psychology, Elsevier, vol. 32(3), pages 307-316, June.
    2. Scoppa, Vincenzo, 2013. "Fatigue and Team Performance in Soccer: Evidence from the FIFA World Cup and the UEFA European Championship," IZA Discussion Papers 7519, Institute for the Study of Labor (IZA).
    3. Lennart Erixon & Louise Johannesson, 2015. "Is the psychology of high profits detrimental to industrial renewal? Experimental evidence for the theory of transformation pressure," Journal of Evolutionary Economics, Springer, vol. 25(2), pages 475-511, April.

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