Loewenstein (1996, 2005) identifies an intrapersonal empathy gap. In the respectiveexperiments, subjects make choices with delayed consequences. When enteringthe state where these consequences would unfold, they get the possibility to revisetheir initial choice. Revisions are more substantial...

The notion of choice inconsistency is widely spread in the literature on behavioraleconomics. Several approaches were used to account for the observation that peoplereverse their choices over time. This paper aims to explain the formation of resolutionsregarded as internal self-binding devices....