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Do individuals anticipate present bias in others? This paper jointly investigates beliefs about one's own and others' present bias. In an online experiment, participants engaged in a real-effort task display little awareness of their own present bias, but anticipate present bias in others....
Persistent link: https://www.econbiz.de/10012936520
This paper analyzes interactions between agents who are overconfident regarding their own future self-control relative to others. The paper considers the problem of incentivizing several such agents, and compares two methods: assigning work individually to each agent or jointly to pairs of...
Persistent link: https://www.econbiz.de/10013033681