How much effort to put into a study assignment. A basic model

Business & Finance
Cover of the book How much effort to put into a study assignment. A basic model by Matthias Kensbock, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Matthias Kensbock ISBN: 9783656861003
Publisher: GRIN Verlag Publication: December 16, 2014
Imprint: GRIN Verlag Language: English
Author: Matthias Kensbock
ISBN: 9783656861003
Publisher: GRIN Verlag
Publication: December 16, 2014
Imprint: GRIN Verlag
Language: English

Document from the year 2012 in the subject Business economics - Miscellaneous, grade: 1.0, Maastricht University (School of Business and Economics), course: Economic Analysis of Social Behavior, language: English, abstract: In setting up an economic model one faces many dificulties: From a multitude of equilibria to non existing optimal solutions, the model parameters have to be assumed correctly to not only mirror behavior but lead to a solvable model. This paper outlines a basic model framework at the example an optimal effort level in writing papers for a masters course. Every semester millions of students worldwide have to choose their courses, read compulsory literature, intensify their knowledge in their chosen field of studies and pass exams to advance further in their academic life. Students prepare themselves for their future jobs, improving skills in different areas, most of which will be applicable in specific business environments. They study to have a better perspective in the nowadays tight job market, to increase their expected future income, as they signal their quality as an employee by their degrees and grades. Where the potential future job however offers the paid wage as an incentive, for every hour or month worked,, your studies lack these direct monetary incentives. Being the better student will not yield a higher pay directly, you will not get money for every passed exam or every top grade you get in your studies.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Document from the year 2012 in the subject Business economics - Miscellaneous, grade: 1.0, Maastricht University (School of Business and Economics), course: Economic Analysis of Social Behavior, language: English, abstract: In setting up an economic model one faces many dificulties: From a multitude of equilibria to non existing optimal solutions, the model parameters have to be assumed correctly to not only mirror behavior but lead to a solvable model. This paper outlines a basic model framework at the example an optimal effort level in writing papers for a masters course. Every semester millions of students worldwide have to choose their courses, read compulsory literature, intensify their knowledge in their chosen field of studies and pass exams to advance further in their academic life. Students prepare themselves for their future jobs, improving skills in different areas, most of which will be applicable in specific business environments. They study to have a better perspective in the nowadays tight job market, to increase their expected future income, as they signal their quality as an employee by their degrees and grades. Where the potential future job however offers the paid wage as an incentive, for every hour or month worked,, your studies lack these direct monetary incentives. Being the better student will not yield a higher pay directly, you will not get money for every passed exam or every top grade you get in your studies.

More books from GRIN Verlag

Cover of the book Die Finanzkrise in Griechenland by Matthias Kensbock
Cover of the book Conflict and the black servant in Oyono's 'Houseboy' and Gordimer's 'July's People' by Matthias Kensbock
Cover of the book Effizienz und Regulierung bei natürlichen Monopolen - Eine institutionenökonomische Betrachtung am Beispiel des Strommarkts by Matthias Kensbock
Cover of the book Schwierigkeiten im Bereich des schulischen Lernens bei Kindern nicht-deutscher Herkunft unter besonderer Berücksichtigung sozio-kultureller Faktoren by Matthias Kensbock
Cover of the book Denken und Begriffe bei Tieren by Matthias Kensbock
Cover of the book Pro-forma-Kennzahlen. Berichterstattungspraxis und Aussagekraft by Matthias Kensbock
Cover of the book Informationsmanagement als Basis für 'Persönliches Informationsmanagement' by Matthias Kensbock
Cover of the book Qualifikationsmix in der Pflege: Chancen und Risiken by Matthias Kensbock
Cover of the book Facilitating Opportunity Development: Increasing Understanding of the Lean Startup Approach in Early Stage High-Tech Entrepreneurship by Matthias Kensbock
Cover of the book Die Finanzierung der GKV über Gesundheitsprämie, Bürgerversicherung, Gesundheitsfonds by Matthias Kensbock
Cover of the book Kommunikation als strategischer Erfolgsfaktor der Umweltschutzorganisation Greenpeace by Matthias Kensbock
Cover of the book Die Pflegevisite als qualitätssichernde Maßnahme in der Pflege und Betreuung by Matthias Kensbock
Cover of the book Sozialisation und Massenmedien by Matthias Kensbock
Cover of the book Innovationen und Innovative Räume by Matthias Kensbock
Cover of the book Economics of Natural Disasters and Climate Change by Matthias Kensbock
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy