IDEAS home Printed from https://ideas.repec.org/p/cir/cirwor/2006s-22.html

A Simple Model of Performance-enhancing Goals

Author

Listed:
  • Daniel Léonard
  • Ngo Van Long
  • Antoine Soubeyran

Abstract

We show that goal setting influences effort level, and that an appropriately set goal can enhance performance. We derive an inverted U-shaped relationship between the goal and the effort level. We then extend the model to a two-period framework, and demonstrate that the goal level set for period 1, together with success or failure, can affect the self-confidence level in period two, which in turn influences period-two optimal goal, effort, and performance. The optimal choice of period-one goal to maximize period-two payoff is derived, under alternative assumptions about the relationship between the goal setter and the (potential) goal achiever. Nous montrons que les objectifs choisis influencent le niveau d'effort et qu'un objectif bien choisi peut améliorer les performances. Nous déduisons une relation en forme de cloche' entre l'objectif et l'effort. Nous généralisons le modèle en introduisant une seconde période et démontrons que l'objectif choisi pour la première période influence le moral dans la deuxième période, et de là l'effort, l'objectif choisi et la performance en deuxième période. Les choix optimaux des objectifs sont caractérisés sous différentes hypothèses à propos des relations entre celui qui choisit l'objectif (l'entraîneur) et celui qui tente de l'atteindre (l'athlète).

Suggested Citation

  • Daniel Léonard & Ngo Van Long & Antoine Soubeyran, 2006. "A Simple Model of Performance-enhancing Goals," CIRANO Working Papers 2006s-22, CIRANO.
  • Handle: RePEc:cir:cirwor:2006s-22
    as

    Download full text from publisher

    File URL: https://cirano.qc.ca/files/publications/2006s-22.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kaufman, Bruce E., 1999. "Emotional arousal as a source of bounded rationality," Journal of Economic Behavior & Organization, Elsevier, vol. 38(2), pages 135-144, February.
    2. Roland Bénabou & Jean Tirole, 2005. "Self-Confidence and Personal Motivation," International Economic Association Series, in: Bina Agarwal & Alessandro Vercelli (ed.), Psychology, Rationality and Economic Behaviour, chapter 2, pages 19-57, Palgrave Macmillan.
    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. Leonard Daniel & Long Ngo Van, 2012. "IS EMULATION GOOD FOR YOU? THE UPsAND DOWNsOF RIVALRY," Global Journal of Economics (GJE), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 1-21.

    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. Leonard Daniel & Long Ngo Van, 2012. "IS EMULATION GOOD FOR YOU? THE UPsAND DOWNsOF RIVALRY," Global Journal of Economics (GJE), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 1-21.
    2. Bobba, Matteo & Frisancho, Veronica, 2022. "Self-perceptions about academic achievement: Evidence from Mexico City," Journal of Econometrics, Elsevier, vol. 231(1), pages 58-73.
    3. repec:osf:socarx:zy248_v1 is not listed on IDEAS
    4. Brice Corgnet & Simon Gaechter & Roberto Hernan Gonzalez, 2020. "Working Too Much for Too Little: Stochastic Rewards Cause Work Addiction," Discussion Papers 2020-03, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    5. Julio J. Rotemberg, 2010. "A Behavioral Model of Demandable Deposits and its Implications for Financial Regulation," NBER Working Papers 16620, National Bureau of Economic Research, Inc.
    6. Prokudina, Elena & Renneboog, Luc & Tobler, Philippe, 2015. "Does Confidence Predict Out-of-Domain Effort?," Discussion Paper 2015-055, Tilburg University, Center for Economic Research.
    7. Bobba, Matteo & Frisancho, Veronica, 2016. "Learning about Oneself: The Effects of Performance Feedback on School Choice," IZA Discussion Papers 10360, IZA Network @ LISER.
    8. David Danz & Dorothea Kübler & Lydia Mechtenberg & Julia Schmid, 2015. "On the Failure of Hindsight-Biased Principals to Delegate Optimally," Management Science, INFORMS, vol. 61(8), pages 1938-1958, August.
    9. Björn Bartling & Urs Fischbacher, 2012. "Shifting the Blame: On Delegation and Responsibility," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(1), pages 67-87.
    10. Damgaard, Mette Trier & Nielsen, Helena Skyt, 2018. "Nudging in education," Economics of Education Review, Elsevier, vol. 64(C), pages 313-342.
    11. Mechtenberg, Lydia & Perino, Grischa & Treich, Nicolas & Tyran, Jean-Robert & Wang, Stephanie W., 2024. "Self-signaling in voting," Journal of Public Economics, Elsevier, vol. 231(C).
    12. Qiyan ONG & Yohanes Eko RIYANTO & Walter E. THESEIRA & Steven M. SHEFFRIN, 2013. "The Self-Image Signaling Roles of Voice in Decision-Making," Economic Growth Centre Working Paper Series 1303, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    13. Jonathan F Schulz & Christian Thöni, 2016. "Overconfidence and Career Choice," PLOS ONE, Public Library of Science, vol. 11(1), pages 1-8, January.
    14. Elliott Ash & W. Bentley MacLeod, 2015. "Intrinsic Motivation in Public Service: Theory and Evidence from State Supreme Courts," Journal of Law and Economics, University of Chicago Press, vol. 58(4).
    15. Friehe, Tim & Pannenberg, Markus, 2019. "Overconfidence over the lifespan: Evidence from Germany," Journal of Economic Psychology, Elsevier, vol. 74(C).
    16. Marie Claire Villeval, 2019. "Comportements (non) éthiques et stratégies morales," Revue économique, Presses de Sciences-Po, vol. 70(6), pages 1021-1046.
    17. Khalil, Elias L., 2010. "The Bayesian fallacy: Distinguishing internal motivations and religious beliefs from other beliefs," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 268-280, August.
    18. Alaoui, Larbi, 2008. "The value of useless information," MPRA Paper 11411, University Library of Munich, Germany.
    19. Marc T. P. Adam & Henner Gimpel & Alexander Maedche & René Riedl, 2017. "Design Blueprint for Stress-Sensitive Adaptive Enterprise Systems," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 59(4), pages 277-291, August.
    20. Christoph Drobner & Sebastian J. Goerg, 2024. "Motivated Belief Updating and Rationalization of Information," Management Science, INFORMS, vol. 70(7), pages 4583-4592, July.
    21. Minwook Kang & Lei Wang, 2019. "Pareto criterion and long-term perspective criterion under myopic discounting," Economics Bulletin, AccessEcon, vol. 39(1), pages 24-32.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:cir:cirwor:2006s-22. 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: Webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/ciranca.html .

    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.