Defining Bad And Good Procrastination
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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- Hanming Fang & Dan Silverman, 2009.
"Time-Inconsistency And Welfare Program Participation: Evidence From The Nlsy,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(4), pages 1043-1077, November.
- Hanming Fang & Dan Silverman, 2004. "Time-inconsistency and Welfare Program Participation: Evidence from the NLSY," Cowles Foundation Discussion Papers 1465, Cowles Foundation for Research in Economics, Yale University.
- 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.
- Stefano DellaVigna & M. Daniele Paserman, 2005.
"Job Search and Impatience,"
Journal of Labor Economics,
University of Chicago Press, vol. 23(3), pages 527-588, July.
- 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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