Sanford E. DeVoe

Profile photo of Sanford E. DeVoe
“There’s something very powerful about putting a precise monetary value on time.”

Associate Professor of Management and Organizations

Areas of Expertise

  • Behavioral Decision Making
  • Human Resource Management
  • Organizational Behavior




Sanford DeVoe is an associate professor of management and organizations. He is currently teaching organizational behavior to full-time MBA students.

DeVoe’s research focuses on the psychological consequences of placing a monetary value on time. Using both a mix of survey and experimental methods, he observes how people look at the tradeoffs between time and money and how each is valued. The key implication of his research is how organizations can be changed to enhance the well-being of individuals, organizations and society.

DeVoe earned his bachelor’s degree in psychology with high honors from Swarthmore College in Pennsylvania. While pursuing his Ph.D. in organizational behavior from Stanford’s Graduate School of Business he received numerous fellowships and awards. He received the Excellence in Teaching award six times, in addition to being named winner of the Dean’s Award for Excellence in Research in 2011 at the University of Toronto’s Rotman School of Management, where he worked for eight years prior to joining the faculty at UCLA Anderson in summer 2015.

DeVoe serves on the editorial board for three academic journals, including Academy of Management Journal, Journal of Experimental Psychology: Applied and Organizational Behavior and Human Decision Processes.

A sought-out expert, DeVoe’s research has been cited in numerous media outlets including the Economist, Financial Times, New York Times, New Yorker, Time Magazine and Wall Street Journal. He was also featured as one of Poets and Quants’ Best 40 Professors Under 40 in 2015.

A native New Yorker, DeVoe came to UCLA because it has attracted one of the best group of behavioral scientists in the world, situated at one of the best public universities in the country, in one of the most vibrant cities — in other words, a no-brainer.

When he’s not in the classroom he enjoys playing tennis as well as traveling. The overlap of these two interests has inspired the goal of seeing all four Grand Slam tournaments — he only has one to go!



Ph.D. 2007, Organizational Behavior, Stanford University

B.A. 2000, Psychology with High Honors, Swarthmore College



DeVoe, S. E., & House, J.. Replications with MTurkers who are naïve versus experienced with academic studies. A comment on Connors, Khamitov, Moroz, Cambell, and Henderson (2016). Journal of Experimental Social Psychology, 67, 65-67

House, J., DeVoe, S. E., & Zhong, C-B. (2014). No time to smell the roses: Exposure to fast food impedes happiness. Social Psychological and Personality Science, 5, 534-541.

DeVoe, S. E., House, J., & Zhong, C-B. (2013). Fast food and financial impatience: A socio-ecological approach. Journal of Personality and Social Psychology, 105, 476-494.

DeVoe, S. E., Pfeffer, J., & Lee, B. Y. (2013). When does money make money more important? Survey and experimental evidence. Industrial and Labor Relations Review, 5, 1076-1094.

DeVoe, S. E., & House, J. (2012). Time, money, and happiness: How does putting a price on time affect our abipty to smell the roses? Journal of Experimental Social Psychology, 48, 466-474.

Lee, B. Y., & DeVoe, S. E. (2012). Flextime and profitabipty: The critical role of organizational business strategies. Industrial Relations, 51, 298-316.

Pfeffer, J. & DeVoe, S. E. (2012). The economic evaluation of time: Organizational causes and individual consequences. Research in Organizational Behavior, 32, 47-62.

DeVoe, S. E., & Pfeffer, J. (2011). Time is tight: How higher economic value of time increases feepngs of time pressure. Journal of Appped Psychology, 96, 665-676.

DeVoe, S. E., & Iyengar, S. S. (2010). The medium of exchange matters: What’s fair for goods is unfair for money. Psychological Science, 21, 159-162.

DeVoe, S. E., Lee, B. Y, & Pfeffer, J. (2010). Hourly versus salaried payment and decisions about trading off time and money over time. Industrial and Labor Relations Review, 63, 624-636.

DeVoe, S. E., & Pfeffer, J. (2010). The stingy hour: How the practice of bilpng time affects volunteering. Personapty and Social Psychology Bulletin, 36, 470-483.

Zhong, C., & DeVoe, S. E. (2010). You are how you eat: Fast food and impatience. Psychological Science, 21, 619-622.

DeVoe, S. E., & Pfeffer, J. (2009). When is happiness about how much you earn? The effect of hourly payment on the money-happiness connection. Personapty and Social Psychology Bulletin, 35, 1602-1618.

Pfeffer, J., & DeVoe, S. E. (2009). Economic evaluation: The effect of money and economics on time use attitudes. Journal of Economic Psychology, 30, 500-508.

DeVoe, S. E., & Pfeffer, J. (2007). Hourly payment and volunteering: The effect of organizational practices on decisions about time use. Academy of Management Journal, 50, 783-798.

DeVoe, S. E., & Pfeffer, J. (2007). When time is money: The effect of hourly payment on the evaluation of time. Organizational Behavior and Human Decision Processes, 104, 1-13.

DeVoe, S. E., & Iyengar, S. S. (2004). Managers’ theories of subordinates: A cross-cultural examination of manager perceptions of motivation and appraisal of performance. Organizational Behavior and Human Decision Processes, 93, 47-61.

Leach, C. W., Queirolo, S. S., DeVoe, S. E., & Chemers, M. (2003). Choosing letter grade evaluations: The interaction of students’ achievement goals and self-efficacy in the choice to receive letter grades. Contemporary Educational Psychology, 28, 495-509.



DeVoe, S. E., & Iyengar, S. S. (2010). Allocating resources among group members: The medium of exchange matters. In B. Mannix, M. Neale, and E. Mullen (Ed.), Research on Managing Groups and Teams: Vol. 13. Fairness and Groups (pp. 159-181). Emerald Group Publishing Limited.

Iyengar, S. S., & DeVoe, S. E. (2003). Rethinking the value of choice: Considering cultural mediators of intrinsic motivation. In V. Murphy-Berman, & J. Berman (Eds.), Nebraska symposium on motivation: Vol. 49. Cross-cultural perspectives (pp. 129-174). Lincoln, NE: University of Nebraska Press.


Newspaper and Blog

DeVoe, S. E. (June 1, 2014). Fast Food, Empty Piggy Banks. The New York Times, p. SR12.

DeVoe, S. E. (July 1, 2014). Fast Food and Impatience: Can Where You Live Affect Your Emotional and Financial Well-Being. Society for Personality and Social Psychology Blog (