Research output: Working paper/Preprint › Working paper › Research
Self-Set Goals are Effective Self-Regulation Tools -- Despite Goal Revision. / Kaiser, Jonas Pilgaard; Koch, Alexander Karl; Nafziger, Julia.
CEPR Working Paper, 2021.Research output: Working paper/Preprint › Working paper › Research
}
TY - UNPB
T1 - Self-Set Goals are Effective Self-Regulation Tools -- Despite Goal Revision
AU - Kaiser, Jonas Pilgaard
AU - Koch, Alexander Karl
AU - Nafziger, Julia
PY - 2021
Y1 - 2021
N2 - We test whether and why non-binding, self-set goals are effective even though individuals can easily revise such goals. Depending on the treatment, subjects either set a goal a few days before working on an online task or right at the start of the task. In the former case, they may or may not be explicitly asked to revise their goal at the start of the task. Consistent with the hypothesis that goals are self-regulation tools, we observe that goals set before the task are larger than goals set at the start of the task. And they are effective: Subjects work more when a goal was set a few days before the task than when it was set at the start of the task. Importantly, these results arise even though subjects revise their initial goals. They do so no matter whether goal revision is made explicit or not – suggesting that goal revision is an important factor for goal non-achievement
AB - We test whether and why non-binding, self-set goals are effective even though individuals can easily revise such goals. Depending on the treatment, subjects either set a goal a few days before working on an online task or right at the start of the task. In the former case, they may or may not be explicitly asked to revise their goal at the start of the task. Consistent with the hypothesis that goals are self-regulation tools, we observe that goals set before the task are larger than goals set at the start of the task. And they are effective: Subjects work more when a goal was set a few days before the task than when it was set at the start of the task. Importantly, these results arise even though subjects revise their initial goals. They do so no matter whether goal revision is made explicit or not – suggesting that goal revision is an important factor for goal non-achievement
M3 - Working paper
BT - Self-Set Goals are Effective Self-Regulation Tools -- Despite Goal Revision
PB - CEPR Working Paper
ER -