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Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20164
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dc.creatorGoette, Lorenz-
dc.creatorHuffman, David-
dc.creatorFehr, Ernst-
dc.date2003-
dc.date.accessioned2013-10-16T07:09:08Z-
dc.date.available2013-10-16T07:09:08Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/20164-
dc.identifierppn:374481067-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/20164-
dc.descriptionIn many occupations workers? labor supply choices are constrained by institutional rules regulating labor time and effort provision. This renders explicit tests of the neoclassical theory of labor supply difficult. Here we present evidence from studies examining labor supply responses in ?neoclassical environments? in which workers are free to choose when and how much to work. Despite the favorable environment the results cast doubt on the neoclassical model. They are, however, consistent with a model of reference dependent preferences exhibiting loss aversion and diminishing sensitivity.-
dc.languageeng-
dc.publisher-
dc.relationIZA Discussion paper series 927-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectB49-
dc.subjectJ22-
dc.subjectddc:330-
dc.subjectlabor supply-
dc.subjectintertemporal substitution-
dc.subjectloss aversion-
dc.subjectreference dependent-
dc.subjectArbeitsangebot-
dc.subjectArbeitszeit-
dc.subjectZeitpräferenz-
dc.subjectRisikoaversion-
dc.subjectProspect Theory-
dc.subjectTheorie-
dc.subjectDeutschland-
dc.titleLoss aversion and labor supply-
dc.typedoc-type:workingPaper-
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