Labor Or Leisure?

Christopher Hsee, University of Chicago, USA
Do people optimally allocate time between labor and leisure? Do they over- or under-work? Using a minimalistic experimental paradigm, we find that people overwork, that they do so even at the cost of happiness, and that they are more likely to do so when earning rates are high than low.
[ to cite ]:
Christopher Hsee (2012) ,"Labor Or Leisure?", in NA - Advances in Consumer Research Volume 40, eds. Zeynep G├╝rhan-Canli, Cele Otnes, and Rui (Juliet) Zhu, Duluth, MN : Association for Consumer Research, Pages: 53-57.