Myrseth, Kristian Ove R.; Wollbrant, Conny E. - In: Journal of Economic Psychology 34 (2013) C, pp. 8-19
We model self-control conflict as an agent’s stochastic struggle against a visceral influence that impels the 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...