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application of adult women's decisions to undertake mammography to evaluate the importance of present bias and naivety in the … under-utilization of this preventive health care. Our results show evidence for both present bias and naivety …
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of present bias across contexts. Discounting in social situations thus seems to be conceptually different from …
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I derive a social planner's optimal information design in an environment with quasi-hyperbolic discounting consumers without commitment. Consumption induces instantaneous utility, but unknown delayed cost. Consumers may or may not acquire additional costless information on the cost parameter....
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, structural estimations reveal that this is because agents exhibit present bias in own but not in others' consumption. We show … that very similar differences in present bias are observed in the absence of any interpersonal trade-offs, when agents … decide either for themselves or on behalf of another person. At the individual level, we find that present bias in own …
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It has been argued that hyperbolic discounting of future gains and losses leads to time-inconsistent behavior and thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption. Here, we challenge this view. We set up a life-cycle...
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