How the chance of success affects the effort people put in

How the chance of success affects the effort people put in

Many of the things you do in life can be improved with additional effort. Have you considered the factors that lead to you putting in that extra effort? Is it solely based on the improved chance of success, or is there more to it?

A paper written by Joshua Lewis and Joseph Simmons suggests that you are more likely to put in the additional effort or spend more resources when you feel good about a decision. They call this idea prospective outcome bias.

Research suggests that decisions about effort are focused on outcomes.

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