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The Law of Escalating Marginal Sacrifice
Philip C. Grant
其他書名
Explaining a Plethora of Heretofore Unresolved Motivation Phenomena
出版University Press of America, 2004
主題Business & Economics / GeneralPsychology / General
ISBN07618278119780761827818
URLhttp://books.google.com.hk/books?id=P8-bOtU1Q-MC&hl=&source=gbs_api
EBookSAMPLE
註釋This book presents a new law of human behavior founded by the author some twenty-five years ago but not proclaimed as a law until now. It has taken the past twenty-five years to accumulate evidence sufficient to "move" what was originally a tentative postulation to the status of an indisputable law- a relationship that applies across all people in all situations. This Law of Escalating Marginal Sacrifice (LEMS) states that when a person exerts more and more effort pursuing a job, task, or goal, the negative outcomes, or costs experienced by the person, as a result of the higher effort exerted, rise at an increasing rate---the rate of increase accelerating rapidly as one's effort capacity is approached. Such a relationship, between the effort exerted and the perceived costs associated with that effort, has profound implications for managing people in the workforce. Further, this relationship provides a vital framework for integrating the theory of the firm with the theory of individual behavior--a synthesis too long neglected.