Dickinson, David L; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2007
experiment reproduces this model in the laboratory by means of various treatments in which we alter the variance of the …-select their task. This is likely due to subjects’ bias regarding their transitory ability. Naïve thinking, more than optimism …/pessimism bias, may explain why subjects do not distort their effort prior to promotion, contrary to Lazear’s (2004) prediction. …