时    间：2024年3月13日（周三） 13:30-15:00

地    点： 管理学院史带楼601室

题    目：Leveling up without Breaking down: Strategies for achieving goals under stress

主讲人：Jin Li  Professor (Hong Kong University)

主持人：李玲芳 教授

摘    要:

This paper explores strategies for achieving goals under stress by revisiting Herbert Simon’s Berlitz model. Higher effort results in faster progress but also increases the stress level, causing a higher breakdown rate. We characterize the optimal effort trajectory and uncover a trade-off between speed and risk (of breakdown) by comparing different effort sequences. The optimal strategies underscore the importance of preemptive stress management by having planned strategic retreats, such as cheat days in weight loss programs.

简    介:

Jin Li is Zhang Yonghong Professor in economics and strategy, area head of management and strategy, with a joint appointment in economics at The University of Hong Kong. Professor Li's main research area lies at the intersection of organizational economics, personnel economics, and labor economics. Professor Li has published in leading academic journals such as the American Economic Review, the Review of Economic Studies, AEJ- Microeconomics, the Journal of Economic Theory, the Journal of Labor Economics, Management Science, the RAND Journal of Economics, and the Review of Financial Studies.