Saez-Marti, Maria; Sjögren, Anna - In: Journal of Economic Theory 143 (2008) 1, pp. 153-176
We consider a task, demanding a sequence of efforts, that must be completed by a deadline. Effort is not contractible. Agents face shocks to their opportunity cost of time and are sometimes distracted from work. We show that agents who are often distracted may outperform agents who are...