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- W3036607557 abstract "We study effort provision and the development of control beliefs over time: a student is uncertain whether she has control over success through her effort or whether it is determined by her innate ability, which she also does not know. In each period, what she can learn about her control and her ability depends on the level of effort she exerts. We characterize the student's optimal effort policy in this two-dimensional bandit problem, which may feature repeated switching of the effort level.Moreover, we analyze how control, cost, and confidence impact perseverance and procrastination in the face of failure. Finally, we relate our results to findings in educational psychology and discuss policies to foster perseverance and to lower procrastination." @default.
- W3036607557 created "2020-06-25" @default.
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- W3036607557 date "2019-01-01" @default.
- W3036607557 modified "2023-09-23" @default.
- W3036607557 title "Control, Cost, and Confidence: Explaining Perseverance in the Face of Failure" @default.
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- W3036607557 doi "https://doi.org/10.2139/ssrn.3454508" @default.
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