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Man's search for meaning: The case of Legos

Publication ,  Journal Article
Ariely, D; Kamenica, E; Prelec, D
Published in: Journal of Economic Behavior and Organization
September 1, 2008

We investigate how perceived meaning influences labor supply. In a laboratory setting, we manipulate the perceived meaning of simple, repetitive tasks and find a strong influence on subjects' labor supply. Despite the fact that the wage and the task are identical across the conditions in each experiment, subjects in the less meaningful conditions exhibit reservation wages that are consistently much higher than the subjects in the more meaningful conditions. The result replicates across different types of tasks. Moreover, in the more meaningful conditions, subjects' productivity influences labor supply more strongly. © 2008 Elsevier B.V. All rights reserved.

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Published In

Journal of Economic Behavior and Organization

DOI

ISSN

0167-2681

Publication Date

September 1, 2008

Volume

67

Issue

3-4

Start / End Page

671 / 677

Related Subject Headings

  • Economics
  • 3801 Applied economics
  • 3502 Banking, finance and investment
  • 1403 Econometrics
  • 1402 Applied Economics
  • 1401 Economic Theory
 

Citation

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Ariely, D., Kamenica, E., & Prelec, D. (2008). Man's search for meaning: The case of Legos. Journal of Economic Behavior and Organization, 67(3–4), 671–677. https://doi.org/10.1016/j.jebo.2008.01.004
Ariely, D., E. Kamenica, and D. Prelec. “Man's search for meaning: The case of Legos.” Journal of Economic Behavior and Organization 67, no. 3–4 (September 1, 2008): 671–77. https://doi.org/10.1016/j.jebo.2008.01.004.
Ariely D, Kamenica E, Prelec D. Man's search for meaning: The case of Legos. Journal of Economic Behavior and Organization. 2008 Sep 1;67(3–4):671–7.
Ariely, D., et al. “Man's search for meaning: The case of Legos.” Journal of Economic Behavior and Organization, vol. 67, no. 3–4, Sept. 2008, pp. 671–77. Scopus, doi:10.1016/j.jebo.2008.01.004.
Ariely D, Kamenica E, Prelec D. Man's search for meaning: The case of Legos. Journal of Economic Behavior and Organization. 2008 Sep 1;67(3–4):671–677.
Journal cover image

Published In

Journal of Economic Behavior and Organization

DOI

ISSN

0167-2681

Publication Date

September 1, 2008

Volume

67

Issue

3-4

Start / End Page

671 / 677

Related Subject Headings

  • Economics
  • 3801 Applied economics
  • 3502 Banking, finance and investment
  • 1403 Econometrics
  • 1402 Applied Economics
  • 1401 Economic Theory