Abeler, Johannes; Falk, Armin; Goette, Lorenz; Huffman, … - Institute for the Study of Labor (IZA) - 2009
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 …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …