This paper studies an alternating-offers bargaining game between a time-consistent and a time-inconsistent player who processes information on own preference type imperfectly that flows during the course of the game. The time-inconsistency is modeled by quasi-hyperbolic discounting and the...

We study the behavior of individuals with present biased preferences who are involved in costly, long-run projects. By using generic cost and reward functions, we characterize the behaviors of the sophisticated, partial naive and naive types. We show that there may arise cases where naives...