Time discounting in relation to career preferences

Saunders, Robert and Fogarty, Gerard J. (2001) Time discounting in relation to career preferences. Journal of Vocational Behavior, 58 (1). pp. 118-126. ISSN 0001-8791

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Abstract

[Abstract]: The present study used a longitudinal design to test aspects of Kirby and Herrnstein's (1995)
theory of time discounting. Specifically, the prediction that preferences reverse due to changes in delay was tested in a longitudinal study of career-path selections made by
employees in a Hong Kong real estate consultancy. Over a three-year period, 16 of 23 subjects reversed their career preference from a future senior managerial position to a lesser management role available earlier. Organizational and cultural factors which may have influenced these preference changes are discussed and areas of future research suggested.
The study provides supporting evidence from the career selection perspective that preferences are not necessarily invariant across time.

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Item Type:	Article (Commonwealth Reporting Category C)
Refereed:	Yes
Item Status:	Live Archive
Faculty / Department / School:	Historic - Faculty of Sciences - Department of Psychology
Date Deposited:	11 Oct 2007 00:32
Last Modified:	02 Jul 2013 22:35
Uncontrolled Keywords:	time discounting, longitudinal study, career preference, preferences, careers
Fields of Research :	17 Psychology and Cognitive Sciences > 1701 Psychology > 170107 Industrial and Organisational Psychology
Identification Number or DOI:	doi: 10.1006/jvbe.2000.1758
URI:	http://eprints.usq.edu.au/id/eprint/945

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