Replication data for: Reference Points and Effort Provision
Principal Investigator(s): View help for Principal Investigator(s) Johannes Abeler; Armin Falk; Lorenz Goette; David Huffman
Version: View help for Version V1
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AER-2008-1240_R1_AbelerFalkGoetteHuffman2009_data | 10/11/2019 03:14:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/11/2019 11:14:AM |
Project Citation:
Abeler, Johannes, Falk, Armin, Goette, Lorenz, and Huffman, David. Replication data for: Reference Points and Effort Provision. Nashville, TN: American Economic Association [publisher], 2011. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112405V1
Project Description
Summary:
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A key open question for theories of reference-dependent preferences is: what determines the reference point? One candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision. We find that effort provision is significantly different between treatments in the way predicted by models of expectation-based, reference-dependent preferences: if expectations
are high, subjects work longer and earn more money than if expectations are low. (JEL D12, D84, J22)
Scope of Project
JEL Classification:
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D12 Consumer Economics: Empirical Analysis
D84 Expectations; Speculations
J22 Time Allocation and Labor Supply
D12 Consumer Economics: Empirical Analysis
D84 Expectations; Speculations
J22 Time Allocation and Labor Supply
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