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When conceptualizing work performance as requiring self-control, scholars often employ a resource-depletion perspective. However, this perspective neglects the role of self-control motivation and self-regulation strategies. In this diary study, we examine self-control motivation (viz. motivation...
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We provide evidence for an expectation gap, where risk-averse as well as impatient households and experts provide significantly higher prior inflation forecasts. Using a survey randomized control trial (RCT), we can show that information about inflation forecasts closes this expectations gap....
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Whether we like it or not we all feel that the world is uncertain. From choosing a new technology to selecting a job, we rarely know in advance what outcome will result from our decisions. Unfortunately, the standard theory of choice under uncertainty developed in the early forties and fifties...
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