Uphill self-control

被引:35
作者
Noor, Jawwad [1 ]
Takeoka, Norio [2 ]
机构
[1] Boston Univ, Dept Econ, Boston, MA 02215 USA
[2] Yokohama Natl Univ, Fac Econ, Yokohama, Kanagawa, Japan
关键词
Temptation; self-control; nonlinear self-control costs; TEMPTATION; RISK;
D O I
10.3982/TE536
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper extends the theory of temptation and self-control introduced by Gul and Pesendorfer (2001) to allow for increasing marginal costs of resisting temptation, that is, convex self-control costs. It also proves a representation theorem that admits a general class of self-control cost functions. Both models maintain the Order, Continuity, and Set Betweenness axioms but violate Independence.
引用
收藏
页码:127 / 158
页数:32
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