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structural change from a polluting to a non polluting production sector into the future (ex ante procrastination). The … consequences of ex ante procrastination are discussed for three different behavioral patterns. I show that, depending on the … assumed behavioral regime, ex ante procrastination may lead to ex post procrastination, i.e. de facto no investment in the non …
Persistent link: https://www.econbiz.de/10011422111
structural change from a polluting to a non polluting production sector into the future (ex ante procrastination). The … consequences of ex ante procrastination are discussed for three different behavioral patterns. I show that, depending on the … assumed behavioral regime, ex ante procrastination may lead to ex post procrastination, i.e. de facto no investment in the non …
Persistent link: https://www.econbiz.de/10014221087
is more likely to occur in modern societies. Using optimal control theory we demonstrate that sustained cycles may result …
Persistent link: https://www.econbiz.de/10014065904
We develop a general theory of intertemporal choice: the reference-time theory, RT. RT is a synthesis of ideas from the …
Persistent link: https://www.econbiz.de/10012723859
We consider discounted-utility models with a reference stream of outcomes. We provide a common framework for the main empirically supported discount functions in terms of three underlying functions: The delay, speedup and generating functions. Each of the delay and speedup functions can be...
Persistent link: https://www.econbiz.de/10012920859
This paper utilizes the geometric techniques developed in Khan and Mitra (2005, 2007) to analyze the optimal intertemporal allocation of water resources in a dynamic setup without discounting. The framework features two sectors: the first uses labor to purify water, while the second uses labor...
Persistent link: https://www.econbiz.de/10013106218
Procrastination produces harmful effects for human capital investments and studying activities. Using data from a large … sample of Italian undergraduates, we measure procrastination with the actual behaviour of students, considering the delay in … finalizing their university enrolment procedure. We firstly show that procrastination is a strong predictor of students …
Persistent link: https://www.econbiz.de/10010257601
The model of time-inconsistent procrastination by O'Donoughe and Rabin shows that individuals who are not aware of …
Persistent link: https://www.econbiz.de/10011648423
), the procrastination of learning can occur even when the learning cost is zero. The procrastination also leads to a non …
Persistent link: https://www.econbiz.de/10012118521
Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise … to complete. This study provides a rigorous empirical test for this notion of `motivated procrastination'. In a … (motivated procrastination) turns out to be robust to accounting for decision-makers' time preferences and emotional responses …
Persistent link: https://www.econbiz.de/10014487122