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 |