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来源类型Working Paper
规范类型报告
DOI10.3386/w21891
来源IDWorking Paper 21891
Procrastination in Teams
Joshua S. Gans; Peter Landry
发表日期2016-01-18
出版年2016
语种英语
摘要Naively present-biased agents are known to be severe procrastinators. In team settings, procrastination can represent a form of free-riding that, in excess, can jeopardize a team's ability to meet a deadline. Here we show how naivete and present bias, despite their reputations, can be desirable traits in a teammate, enabling a team to optimize its performance while eliminating inefficient free-riding. These benefits emerge only from a more flexible specification (in comparison to existing models) as to how naive players reassess prior beliefs upon confronting present bias. By allowing the 'depth' and 'direction' of such reassessments to vary, our model links present-biased discounting theories to the recently-revived interest in modeling non-Bayesian reactions to null events, while offering a distinct approach reminiscent of level-k reasoning. Key themes from our results include the value of behavioral diversity, the opposite effects of 'introspection' and 'extrospection' on motivation, and that under- and over-thinking can both undermine efficiency.
主题Microeconomics ; Game Theory ; Behavioral Economics ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w21891
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579566
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GB/T 7714
Joshua S. Gans,Peter Landry. Procrastination in Teams. 2016.
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