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This paper studies how a seller should design its price schedule when consumers' preferences are subject to temptation …
Persistent link: https://www.econbiz.de/10009472333
, the strength of temptation and the cost of self-control do not affect the extensive margin. Hence, present …
Persistent link: https://www.econbiz.de/10012208002
over-spend on a commodity for which they experience temptation (TP good). Resisting that temptation gives rise to a utility … short of) the marginal valuation of leisure that arises if the consumer would succumb to the temptation. We use iso …
Persistent link: https://www.econbiz.de/10012254809
We investigate renewable resources when the harvesting agents face self-control problems. Individuals are conceptualized as dual selves. The rational long-run self plans for the infinite future while the affective short-run self desires to maximize instantaneous profits. Depending on the degree...
Persistent link: https://www.econbiz.de/10012287916
We investigate renewable resources when the harvesting agents face self-control problems. Individuals are conceptualized as dual selves. The rational long-run self plans for the infinite future while the affective short-run self desires to maximize instantaneous profits. Depending on the degree...
Persistent link: https://www.econbiz.de/10012303762
-vote-selling intervention in the Philippines. We model selling one's vote as a temptation good: it creates positive utility for the future self … at the moment of voting, but not for past selves who anticipate the vote-sale. We also allow keeping or breaking promises … regarding vote-selling to affect utility. Voters who are at least partially sophisticated about their vote-selling temptation …
Persistent link: https://www.econbiz.de/10010398524
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better judgment to cooperate. Examining the argument from the perspective of temptation, we pair the public good game with …
Persistent link: https://www.econbiz.de/10009767168
Persistent link: https://www.econbiz.de/10009713920