9
votes
4answers
422 views

How is motivation influenced by chance of reward?

Sometimes, I work on a project where there is a chance that the whole project will become irrelevant before it is finished. I have noticed that even though I believe that the risk of this happening is ...
23
votes
2answers
295 views

Do students exhibit rational behavior in determining study time?

While I teach some economics classes, I must admit to near complete ignorance on the optimization processes students undertake when studying. We often say that the "best" students are those who earn ...