Myrseth, Kristian Ove R.; Wollbrant, Conny - Nationalekonomiska institutionen, Handelshögskolan - 2011
agent to act sub-optimally. The agent holds costly pre-commitment technology to avoid the conflict altogether and may decide … whether to procure pre-commitment or to confront the visceral influence. We examine naïve expectations for the strength of the … temptation, and so mistakenly forego pre-commitment. Our analysis reveals conditions under which higher willpower—and lower …