Social interaction and effort in a success-at-work augmented utility model

George J. Bratsiotis, Baochun Peng

Research output: Journal article publicationJournal articleAcademic researchpeer-review

2 Citations (Scopus)

Abstract

This paper examines how success-at-work, interpreted by both subjective and relative criteria, can motivate individuals to enhance their effort and utility. We employ a general specification utility function and show that the final effect of technological growth on individuals' effort and utility depends, respectively, on the assumptions we make about their nature with regard to their effort strategies (i.e. conformists, deviants or neutrals) and to their utility preferences (i.e. altruistic or envious). We show that these effects are determined largely by individuals' personal success-consciousness at-work, as well as their competition strategies towards relative success and status.
Original languageEnglish
Pages (from-to)1309-1318
Number of pages10
JournalJournal of Socio-Economics
Volume37
Issue number4
DOIs
Publication statusPublished - 1 Aug 2008
Externally publishedYes

Keywords

  • Effort
  • Happiness
  • Productivity
  • Success-at-work

ASJC Scopus subject areas

  • Economics and Econometrics

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