Hey! What do you mean by giving me this formula? This is an education class, not a science class, right?
Yes! But this formula could be the summarization of the expectancy theory.
V-valence, is it worth it or not, like whether the results are attractive to you or not.
I- instrumentality, or relevance, such as the possibility that you think you can get rewards after achieving the goal.
E-Expectation, linking directly to Self-efficacy (will talk later), is the chance you think you can achieve or not in the end by putting in effort.
Motivation is a complex formation; keep that in mind.
We've all been there... Maybe...?
So why should I learn this?
Perhaps you have ever suffered from procrastination? You really want to learn, but actually fail to take action for a long time. Perhaps the goal was too lofty, perhaps the outcome didn't impress you, or perhaps the self-criticism was always pointing out one's own shortcomings... In conclusion, one could try using the expectancy theory to address mental exhaustion.
Perhaps you have always been in a victim mindset in your life. It seems that your life is going well, but you always feel that you are not happy or content. Is it because all the negative outcomes are attributed to internal stable factors (I'm unlucky, so what? My personality has flaws, what's wrong with that)? Try reattributing the situation, changing your mindset, and perhaps you will find that you have more control over things.
Oh, if you are a teacher/you aspire to become a teacher, or if you are a leader in a team, then this will be even more useful! Perhaps sometimes, due to the laziness of a student or subordinate, you might think that person is just like this, and you simply don't care anymore. Or it could be that you keep "motivating" them, but you don't realize that you're merely exerting pressure. You need the expectancy theory to add or transform the healthy and sustainable motivation.