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.
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