Bénabou, Roland; Pycia, Marek; Pycia, Marek G (2002). Dynamic inconsistency and self-control: a planner-doer interpretation. Economics Letters, 77(3):419-424.
We show that Gul and Pesendorfer’s [Econometrica 69 (2001) 1403] representation result for preferences with temptation and self-control can be reexpressed in terms of a costly intrapersonal conflict between a Planner and Doer, as in Thaler and Shefrin [J. Political Econ. 89 (1981) 392] and psychologists’ standard view of self-control problems.
We show that Gul and Pesendorfer’s [Econometrica 69 (2001) 1403] representation result for preferences with temptation and self-control can be reexpressed in terms of a costly intrapersonal conflict between a Planner and Doer, as in Thaler and Shefrin [J. Political Econ. 89 (1981) 392] and psychologists’ standard view of self-control problems.
| Item Type: | Journal Article, refereed, original work |
|---|---|
| Communities & Collections: | 03 Faculty of Economics > Department of Economics |
| Dewey Decimal Classification: | 330 Economics |
| Scopus Subject Areas: | Social Sciences & Humanities > Finance
Social Sciences & Humanities > Economics and Econometrics |
| Uncontrolled Keywords: | Self-control, time consistency, temptation, intertemporal choice |
| Language: | English |
| Date: | November 2002 |
| Deposited On: | 05 Jun 2018 12:51 |
| Last Modified: | 20 Jan 2023 07:22 |
| Publisher: | Elsevier |
| ISSN: | 0165-1765 |
| OA Status: | Closed |
| Publisher DOI: | https://doi.org/10.1016/S0165-1765(02)00158-1 |
Bénabou, Roland