The behavioral economics of dynamically inconsistent behavior: a critical assessment

DOI10.1007/S00355-023-01471-5MaRDI QIDQ6062964zbMATH OpenOpenAlexFDO

Authors Sebastian Krügel, Matthias Uhl

Publication date 6 November 2023

Published in Social Choice and Welfare (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1007/s00355-023-01471-5

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08)

Recommendations

• Time consistency: stationarity and time invariance
• How the market responds to dynamically inconsistent preferences
• Present bias
• Pre-commitment and flexibility in a time decision experiment
• Dynamic inconsistency and choice

Cites work

• Choice and procrastination
• Golden Eggs and Hyperbolic Discounting
• Projection Bias in Predicting Future Utility

Cited in

(4)

• Shirking and ``choking under incentive-based pressure: A behavioral economic theory of performance production
• How the market responds to dynamically inconsistent preferences
• scientific article; zbMATH DE number 920085 (Why is no real title available?)
• scientific article; zbMATH DE number 5046590 (Why is no real title available?)

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