Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062420 | Economics Letters | 2007 | 5 Pages |
Abstract
We analyze two different ways of operationalizing effort in laboratory experiments: real effort where participants work on a specific task, and chosen effort where participants choose increasingly costly effort levels. Our results support equivalence between chosen effort and real effort.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Alexander Brüggen, Martin Strobel,