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This paper analyzes sin goods consumption when individuals exhibit present-focused preferences. It considers three types of present focus: present-bias with varying degrees of naiveté, Gul-Pesendorfer preferences, and a dual-self approach. We investigate the incentives to deviate from healthy...
Persistent link: https://www.econbiz.de/10012206092
weight and obesity rates. We first introduce the concept of novelty consumption, which refers to an increase in food …
Persistent link: https://www.econbiz.de/10010510027
weight and obesity rates. We first introduce the concept of novelty consumption, which refers to an increase in food …
Persistent link: https://www.econbiz.de/10011715829
Using a unique dataset on health club attendance from Quebec, we look at the relationship between actual and expected attendance and how these relate to a reported measure of self-control problems at the time of contract signing. We find that a large majority of contract choices appear...
Persistent link: https://www.econbiz.de/10010388643
We examine the relationship between trait self-control and body weight. Data from a population representative household survey reveal that limited self-control is strongly associated with both objective and subjective measures of unhealthy body weight. Those with limited self-control are...
Persistent link: https://www.econbiz.de/10012804211
We provide the first empirical evidence on the direct link between locus of control and self-control, and how they interact in explaining a range of health outcomes. Using rich Australian survey data, we find that, while the two traits are distinct constructs, a greater internal locus of control...
Persistent link: https://www.econbiz.de/10013209270
Persistent link: https://www.econbiz.de/10010223100
Is the observed large increase in consumer indebtedness since 1970 beneficial for U.S. consumers? This paper quantitatively investigates the macroeconomic and welfare implications of relaxing borrowing constraints using a model with preferences featuring temptation and self-control. The model...
Persistent link: https://www.econbiz.de/10011756832
Although rational consumers without bequest motives are better oÞ investing exclusively with annuitized instruments in partial equilibrium, we demonstrate the welfare effect of annuitization is ambiguous in general equilibrium on account of the pecuniary externality. Accidental bequests improve...
Persistent link: https://www.econbiz.de/10009562237
mindfulness interventions that target overweight and obese populations. We measure the effects of a guided 5-minute body scan … significant effect on the overweight subsample. Additionally, we found nutrition knowledge to have a positive and significant … mindfulness interventions may be a useful, low-cost alternative to current weight loss strategies, especially for overweight and …
Persistent link: https://www.econbiz.de/10014423443