Costly Self-Control and Random Self-Indulgence

被引:21
|
作者
Dekel, Eddie [1 ,2 ]
Lipman, Barton L. [3 ]
机构
[1] Northwestern Univ, Dept Econ, Evanston, IL 60208 USA
[2] Tel Aviv Univ, Eitan Berglas Sch Econ, IL-69978 Tel Aviv, Israel
[3] Boston Univ, Dept Econ, Boston, MA 02215 USA
基金
美国国家科学基金会;
关键词
Temptation; Strotz; self control; random temptation; multi selves; INCONSISTENCY; TEMPTATION; PREFERENCES; AMBIGUITY; UTILITY; SETS;
D O I
10.3982/ECTA9280
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the random Strotz model, a version of the Strotz (1955) model with uncertainty about the nature of the temptation that will strike. We show that the random Strotz representation is unique and characterize a comparative notion of more temptation averse. Also, we demonstrate an unexpected connection between the random Strotz model and a generalization of the GulPesendorfer (GP) (2001) model of temptation which allows for the temptation to be uncertain and which we call random GP. In particular, a preference over menus has a random GP representation if and only if it also has a representation via a random Strotz model with sufficiently smooth uncertainty about the intensity of temptation. We also show that choices of menus combined with choices from menus can distinguish the random GP and random Strotz models.
引用
收藏
页码:1271 / 1302
页数:32
相关论文
共 50 条
  • [21] Self-control and the self
    Hannah Altehenger
    Synthese, 2021, 199 : 2183 - 2198
  • [22] Deliberate Self-Indulgence versus Involuntary Loss of Self- Control: Toward a Robust Cross-Cultural Consumer Impulsiveness Scale
    Sharma, Piyush
    Sivakumaran, Bharadhwaj
    Marshall, Roger
    JOURNAL OF INTERNATIONAL CONSUMER MARKETING, 2011, 23 (3-4) : 229 - 245
  • [23] LEARNING SELF-CONTROL
    Ali, S. Nageeb
    QUARTERLY JOURNAL OF ECONOMICS, 2011, 126 (02): : 857 - 893
  • [24] Self-control and bargaining
    Lu, Shih En
    JOURNAL OF ECONOMIC THEORY, 2016, 165 : 390 - 413
  • [25] Collective Self-Control
    Lizzeri, Alessandro
    Yariv, Leeat
    AMERICAN ECONOMIC JOURNAL-MICROECONOMICS, 2017, 9 (03) : 213 - 244
  • [26] The Self-Control Irony: Desire for Self-Control Limits Exertion of Self-Control in Demanding Settings
    Uziel, Liad
    Baumeister, Roy F.
    PERSONALITY AND SOCIAL PSYCHOLOGY BULLETIN, 2017, 43 (05) : 693 - 705
  • [27] Metamotivation: The regulation of motivation in self-control
    Fujita, Kentaro
    Scholer, Abigail A.
    Miele, David B.
    CURRENT OPINION IN PSYCHOLOGY, 2024, 60
  • [28] Self-control failures, as judged by themselves
    Lades, Leonhard K.
    Delaney, Liam
    HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS, 2024, 11 (01):
  • [29] Enacting Rituals to Improve Self-Control
    Tian, Allen Ding
    Schroeder, Juliana
    Haubl, Gerald
    Risen, Jane L.
    Norton, Michael I.
    Gino, Francesca
    JOURNAL OF PERSONALITY AND SOCIAL PSYCHOLOGY, 2018, 114 (06) : 851 - 876
  • [30] Menu-dependent self-control
    Noor, Jawwad
    Takeoka, Norio
    JOURNAL OF MATHEMATICAL ECONOMICS, 2015, 61 : 1 - 20