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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...
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The purpose of this article is to integrate the class of preferences developed by Gul and Pesendorfer into the theory …
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"Sin taxes" are high on the political agenda in the global fight against obesity. According to theory, they are welfare …
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