In this paper we develop a theoretical model concerning self-control, motivation and commitment. The model, based on Gul and Pesendorfer (2001), studies a two-period decision problem of an agent who faces a given menu and might experience temptation in the second period. In this case, the agent...

In this paper we investigate the influence of financial incentives on agents’ commitment success who use a self-bet mechanism to overcome their self-control problems. We use results from the theoretical model developed in Hirt-Schierbaum and Ivets (2020) that allows for heuristic bias in...