Choice And Procrastination
Recent models of procrastination due to self-control problems assume that a procrastinator considers just one option and is unaware of her self-control problems. We develop a model where a person chooses from a menu of options and is partially aware of her self-control problems. This menu model replicates earlier results and generates new ones. A person might forgo completing an attractive option because she plans to complete a more attractive but never-to-be-completed option. Hence, providing a nonprocrastinator additional options can induce procrastination, and a person may procrastinate worse pursuing important goals than unimportant ones. © 2000 the President and Fellows of Harvard College and the Massachusetts Institute of Technology
Year of publication: |
2001
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Authors: | O'Donoghue, Ted ; Rabin, Matthew |
Published in: |
The Quarterly Journal of Economics. - MIT Press. - Vol. 116.2001, 1, p. 121-160
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Publisher: |
MIT Press |
Saved in:
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