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Dynamic inconsistency and self-control: a planner-doer interpretation

Bénabou, Roland; Pycia, Marek (2002). Dynamic inconsistency and self-control: a planner-doer interpretation. Economics Letters, 77(3):419-424.

Abstract

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.

Additional indexing

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
Scope:Discipline-based scholarship (basic research)
Language:English
Date:November 2002
Deposited On:05 Jun 2018 12:51
Last Modified:18 Mar 2025 02:38
Publisher:Elsevier
ISSN:0165-1765
OA Status:Closed
Publisher DOI:https://doi.org/10.1016/S0165-1765(02)00158-1
Other Identification Number:merlin-id:16408

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