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), 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 … longitudinal experiment over four weeks, individuals have to complete a cumbersome task of unknown length. They are exposed to …
Persistent link: https://www.econbiz.de/10014487122
for this notion of ‘motivated procrastination’. In a longitudinal experiment over four weeks, individuals must complete a …Procrastination is often attributed to time-inconsistent preferences but may also arise when individuals derive … motivated memory, such that procrastination may persist even if uncertainty is eventually resolved. …
Persistent link: https://www.econbiz.de/10014517966
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/10012956187
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/10011688383
In a model where consumers have quasi-hyperbolic preferences, we compare immediate subsidies paid for health-conscious consumption and future subsidies rewarding good health outcome. We characterize the subsidy rates which implement the unbiased choice. These rates differ because of two...
Persistent link: https://www.econbiz.de/10011420788
Intertemporal tradeoffs play a key role in many personal decisions and policy questions. We describe models of intertemporal choice, identify empirical regularities in choice, and pose new questions for research. The focus for intertemporal choice research is no longer whether the exponential...
Persistent link: https://www.econbiz.de/10014023383
We present new evidence on the relationship between health behaviors and experimental measures of risk and time preferences and introduce evidence that perceived control - a measure incorporated from the health psychology literature - is a stronger and more consistent predictor of health...
Persistent link: https://www.econbiz.de/10009681237
This paper analyzes sin goods consumption when individuals exhibit present-focused preferences. It considers three types of present focus: present-bias with varying degrees of naiveté, Gul-Pesendorfer preferences, and a dual-self approach. We investigate the incentives to deviate from healthy...
Persistent link: https://www.econbiz.de/10012206092
We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of …: those participating to an experiment with no reference to alcohol, those exposed to the possibility of consuming alcohol but … the willingness to pay and the potential misperception of probabilities as elicited in the experiment, we do not detect …
Persistent link: https://www.econbiz.de/10013053534