IDEAS home Printed from https://ideas.repec.org/a/eee/joepsy/v30y2009i4p552-562.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0167-4870(09)00032-4
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Emre Ozdenoren & Stephen W. Salant & Dan Silverman, 2012. "Willpower And The Optimal Control Of Visceral Urges," Journal of the European Economic Association, European Economic Association, vol. 10(2), pages 342-368, April.
    2. Nocetti, Diego, 2008. "Industrial fatigue Redux," Economics Letters, Elsevier, vol. 99(2), pages 286-289, May.
    3. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    4. Gabaix, Xavier & Laibson, David Isaac & Moloche, Guillermo & Stephen, Weinberg, 2003. "The allocation of attention: theory and evidence," MPRA Paper 47339, University Library of Munich, Germany.
    5. R. Cellini & L. Lambertini, 2008. "Weak and Strong Time Consistency in a Differential Oligopoly Game with Capital Accumulation," Journal of Optimization Theory and Applications, Springer, vol. 138(1), pages 17-26, July.
    6. Antonio García Sánchez & María del Mar Vázquez Méndez, 2005. "The timing of work in a general equilibrium model with shiftwork," Investigaciones Economicas, Fundación SEPI, vol. 29(1), pages 149-179, January.
    7. Wirl, Franz, 2004. "Thresholds in concave renewable resource models," Ecological Economics, Elsevier, vol. 48(2), pages 259-267, February.
    8. Shiv, Baba & Fedorikhin, Alexander, 1999. "Heart and Mind in Conflict: The Interplay of Affect and Cognition in Consumer Decision Making," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 26(3), pages 278-292, December.
    9. Dockner,Engelbert J. & Jorgensen,Steffen & Long,Ngo Van & Sorger,Gerhard, 2000. "Differential Games in Economics and Management Science," Cambridge Books, Cambridge University Press, number 9780521637329.
    10. Domenico J. Marchetti & Francesco Nucci, 2001. "Labor effort over the business cycle," Temi di discussione (Economic working papers) 424, Bank of Italy, Economic Research and International Relations Area.
    11. Loewenstein, George & O'Donoghue, Ted, 2004. "Animal Spirits: Affective and Deliberative Processes in Economic Behavior," Working Papers 04-14, Cornell University, Center for Analytic Economics.
    12. Gifford Sharon, 2005. "Limited Attention as the Bound on Rationality," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 5(1), pages 1-42, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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. Archsmith, James & Heyes, Anthony & Neidell, Matthew & Sampat, Bhaven, 2021. "The Dynamics of Inattention in the (Baseball) Field," IZA Discussion Papers 14440, Institute of Labor Economics (IZA).
    3. Kwapisz Agnieszka, 2020. "Minimum Wages and Nascent Entrepreneurship in the US," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(1), pages 1-15, January.
    4. Angelova, Vera & Giebe, Thomas & Ivanova-Stenzel, Radosveta, 2022. "Competition and fatigue," Journal of Economic Behavior & Organization, Elsevier, vol. 198(C), pages 236-249.
    5. Jorge González Chapela, 2018. "Physical Work Intensity and the Split Workday: Theory and Evidence from Spain," Journal of Labor Research, Springer, vol. 39(3), pages 329-353, September.
    6. 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 of Labor Economics (IZA).
    7. Manel Baucells & Lin Zhao, 2019. "It Is Time to Get Some Rest," Management Science, INFORMS, vol. 65(4), pages 1717-1734, April.
    8. Vincenzo Scoppa, 2015. "Fatigue and Team Performance in Soccer," Journal of Sports Economics, , vol. 16(5), pages 482-507, June.
    9. 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.
    10. Strulik, Holger, 2019. "I shouldn’t eat this donut: Self-control, body weight, and health in a life cycle model," The Journal of the Economics of Ageing, Elsevier, vol. 14(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Barbieri, Paolo Nicola, 2017. "Modelling body weight, dieting and obesity traps," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 468(C), pages 139-146.
    2. Klaus Nehring, 2006. "Self-Control through Second-Order Preferences," Levine's Bibliography 321307000000000391, UCLA Department of Economics.
    3. D. Dragone, 2006. "Endogenous Attention Costs and Intertemporal Decision-Making," Working Papers 570, Dipartimento Scienze Economiche, Universita' di Bologna.
    4. Barbieri, Paolo Nicola, 2015. "Body Weight, Dieting and Obesity Traps," MPRA Paper 67671, University Library of Munich, Germany.
    5. Khwaja, Ahmed & Silverman, Dan & Sloan, Frank, 2007. "Time preference, time discounting, and smoking decisions," Journal of Health Economics, Elsevier, vol. 26(5), pages 927-949, September.
    6. Luca Grosset & Bruno Viscolani, 2020. "Decisions on production and quality," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 43(1), pages 91-107, June.
    7. Lien, Jaimie W. & Zheng, Jie, 2018. "Are work intensity and healthy eating substitutes? Field evidence on food choices under varying workloads," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 370-401.
    8. Pineau, Pierre-Olivier & Rasata, Hasina & Zaccour, Georges, 2011. "Impact of some parameters on investments in oligopolistic electricity markets," European Journal of Operational Research, Elsevier, vol. 213(1), pages 180-195, August.
    9. Strulik, Holger & Werner, Katharina, 2023. "Renewable resource use with imperfect self-control," Journal of Economic Behavior & Organization, Elsevier, vol. 212(C), pages 778-795.
    10. Alessandra Buratto & Luca Grosset & Bruno Viscolani, 2012. "ε-Subgame Perfectness of an Open-Loop Stackelberg Equilibrium in Linear-State Games," Dynamic Games and Applications, Springer, vol. 2(3), pages 269-279, September.
    11. Daniel J. Benjamin & Sebastian A. Brown & Jesse M. Shapiro, 2013. "Who Is ‘Behavioral’? Cognitive Ability And Anomalous Preferences," Journal of the European Economic Association, European Economic Association, vol. 11(6), pages 1231-1255, December.
    12. Drew Fudenberg, 2006. "Advancing Beyond Advances in Behavioral Economics," Journal of Economic Literature, American Economic Association, vol. 44(3), pages 694-711, September.
    13. Benchekroun, Hassan & Withagen, Cees, 2012. "On price taking behavior in a nonrenewable resource cartel–fringe game," Games and Economic Behavior, Elsevier, vol. 76(2), pages 355-374.
    14. D.Dragone, 2005. "Incoerenza Dinamica ed Autocontrollo: Proposta per un'Analisi Interdisciplinare," Working Papers 549, Dipartimento Scienze Economiche, Universita' di Bologna.
    15. Emre Ozdenoren & Stephen W. Salant & Dan Silverman, 2012. "Willpower And The Optimal Control Of Visceral Urges," Journal of the European Economic Association, European Economic Association, vol. 10(2), pages 342-368, April.
    16. Drew Fudenberg & David K. Levine, 2012. "Timing and Self‐Control," Econometrica, Econometric Society, vol. 80(1), pages 1-42, January.
    17. Drew Fudenberg & David K. Levine, 2011. "Risk, Delay, and Convex Self-Control Costs," American Economic Journal: Microeconomics, American Economic Association, vol. 3(3), pages 34-68, August.
    18. Shinsuke Ikeda & Takeshi Ojima, 2021. "Tempting goods, self-control fatigue, and time preference in consumer dynamics," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(4), pages 1171-1216, November.
    19. Baldini, Massimo & Lambertini, Luca, 2011. "Profit taxation and capital accumulation in a dynamic oligopoly model," Japan and the World Economy, Elsevier, vol. 23(1), pages 13-18, January.
    20. David K. Levine & Drew Fudenberg, 2006. "A Dual-Self Model of Impulse Control," American Economic Review, American Economic Association, vol. 96(5), pages 1449-1476, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joepsy:v:30:y:2009:i:4:p:552-562. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/joep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.