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.
Original language | English |
---|---|
Pages (from-to) | 232-236 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 96 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Jan 2007 |