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This paper models an agent in an infinite horizon setting who does not update according to Bayes' Rule, and who is self-aware and anticipates her updating behavior when formulating plans. Choice-theoretic axiomatic foundations are provided. Then the model is specialized axiomatically to capture...
Persistent link: https://www.econbiz.de/10005808122
People like to feel good about past decisions. This paper models self- justification of past decisions. The model is axiomatic: axioms are defined on preference over ex ante actions (modeled formally by menus) The representation of preference admits the interpretation that the agent adjusts...
Persistent link: https://www.econbiz.de/10005808166
temptation, and so mistakenly forego pre-commitment. Our analysis reveals conditions under which higher willpower – and lower …
Persistent link: https://www.econbiz.de/10009274820
temptation, and so mistakenly forego pre-commitment. Our analysis reveals conditions under which higher willpower—and lower …
Persistent link: https://www.econbiz.de/10009283234
better judgment to cooperate. Examining the argument from the perspective of temptation, we pair the public good game with …
Persistent link: https://www.econbiz.de/10010661186
better judgment to cooperate. Examining the argument from the perspective of temptation, we pair the public good game with …
Persistent link: https://www.econbiz.de/10010665196
temptation, perfectionists, and persons susceptible to self-deceit. …
Persistent link: https://www.econbiz.de/10010839411
succumbed to temptation suffer from both higher take and destruction rates. …
Persistent link: https://www.econbiz.de/10010854376
This paper proposes a theory of the relationship between prohibitions and temptation. In presence of self … investigates the relationship between morality and temptation, the individual gains from morality, the interaction between external …
Persistent link: https://www.econbiz.de/10010704405
utility is affected by unwanted temptation. This implies that implications of various government policies would differ if one … temptation. The purpose of this paper is to examine the question of optimal taxation when individuals have self-control problems …. In order to capture our agents’ temptation towards current consumption, our model make use of the preference structure …
Persistent link: https://www.econbiz.de/10011107154