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Schoenfelder, Thomas E.; Hantula, Donald A. – Journal of Vocational Behavior, 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…
Descriptors: Career Choice, College Students, Decision Making, Delay of Gratification