Loewenstein, George; O'Donoghue, Ted; Matthew Rabin. - Department of Economics, University of California-Berkeley - 2000
JEL#: A12, B49, D11, D91, E21<BR> Keywords: Addiction, consumption, cooling off, misprediction, projection bias, reference dependence<BR> People underappreciate how their own behavior and exogenous factors affect their future utility, and thus exaggerate the degree to which their future preferences...
