VARIABLES
Value, Expectancy, Time, Different Functions for losses versus gains
DOMAINS
Contributors: name list here
DEVELOPERS
BACKGROUND
Progress toward understanding human behavior has been hindered by disciplinebound theories, dividing our efforts. Fortunately, these separate endeavors are converging and can be effectively integrated. Focusing on the fundamental features of picoeconomics, expectancy theory, cumulative prospect theory, and need theory, we construct a temporal motivational theory (TMT). TMT appears consistent with the major findings from many other investigations, including psychobiology and behaviorism.The potential implications of TMT are numerous, affecting our understanding on a wide range of topics, including group behavior, job design, stock market behavior, and goal setting. (Steel & Konig 2006: Abstract)
REFERENCES ~ Coding Spreadsheet - Web View
TMT is derived from the core elements of the above-described four well-established theories of motivation: picoeconomics, expectancy theory, CPT, and need theory. TMT indicates that motivation can be understood by the effects of expectancy and value, weakened by delay, with differences for rewards and losses. The theory is represented by Equation 5,,,,(Steel & Konig 2006: 897)