Commitment through risk

DOI10.1016/J.ECONLET.2012.03.014zbMATH Open1253.91055OpenAlexW2063758106MaRDI QIDQ694886FDOQ694886

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

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

zbMATH Keywords

risk aversionprudencetime-inconsistencyeffort provision

Mathematics Subject Classification ID

Decision theory (91B06)

Cites Work

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

Cited In (4)

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

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