Does it matter which effort task you use? A comparison of four effort tasks when agents compete for a prize

Emanuela Lezzi, Piers Fleming and Daniel Zizzo
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Emanuela Lezzi: University of Insubria
Piers Fleming: University of East Anglia

No 15-05, Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) from School of Economics, University of East Anglia, Norwich, UK.

Abstract: Effort tasks are commonly used to assess individual investment and performance in an experimental setting. Although the tasks used are diverse, they are typically intended to be equivalent as far as they aim to generalize beyond the specific task. We compare an induced value effort task and three real effort tasks in a contest game. Results show that there is no equivalence across tasks in relation to how risk attitude, anxiety and gender predict performance.

Keywords: effort tasks; experimental methodology; contests; induced value (search for similar items in EconPapers)
JEL-codes: C72 C90 C91 (search for similar items in EconPapers)
Date: 2015-04
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-gth and nep-hrm
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Citations: View citations in EconPapers (22)

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