decision to have it removed. Subjects in our experiment are repeatedly offered an option with instantaneous benefit that also …We report data from a novel laboratory experiment on economic decisions under persistent temptations. This type of … subjects delay either making the commitment decision or giving in to temptation. This delay is consistent with the costs of …

the timing and price-elasticity of these commitment decisions to predictions from existing theoretical models of decision …

A continuing goal of experiments is to understand risky decisions when the decisions are important. Often a decision …