Commitment through risk

DOI10.1016/J.ECONLET.2012.03.014MaRDI QIDQ694886zbMATH OpenOpenAlexFDO

Authors Dmytro Kylymnyuk, Alexander K. Wagner

Publication date 19 December 2012

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2012.03.014

zbMATH Keywords

effort provisionprudencerisk aversiontime-inconsistency

Mathematics Subject Classification ID

Decision theory (91B06)

Recommendations

• Commitment, flexibility, and optimal screening of time inconsistency
• Procrastination, self-imposed deadlines and other commitment devices
• Commitment contracts
• Commitment and self-control
• Who chooses commitment? Evidence and welfare implications

Cites work

• Golden Eggs and Hyperbolic Discounting
• Optimal prevention and prudence in a two-period model
• Self-control in peer groups
• Strategic Ignorance as a Self-Disciplining Device
• Temptation and Self-Control
• The impact of prudence on optimal prevention
• The impact of prudence on optimal prevention revisited

Cited in

(4)

• Motivational goal bracketing: an experiment
• Commitment, flexibility, and optimal screening of time inconsistency
• Alleviating time inconsistent behaviors via a competition scheme
• A continuum of commitment

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