ERIC Number: EJ664064
Record Type: Journal
Publication Date: 2003
Reference Count: N/A
A Job with a Future? Delay Discounting, Magnitude Effects, and Domain Independence of Utility for Career Decisions.
Schoenfelder, Thomas E.; Hantula, Donald A.
Journal of Vocational Behavior, v62 n1 p43-55 Feb 2003
Seniors (n=20) assessed two job offers with differences in domain (salary/tasks), delay (career-long earnings), and magnitude (initial salary offer). Contrary to discounted utility theory, choices reflected nonconstant discount rates for future salary/tasks (delay effect), lower discount rates for salary/preferred tasks (magnitude effect), and a low correlation between discount rate for salary/preferred tasks (domain independence). (Contains 26 references.) (Author/SK)
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Authoring Institution: N/A