How much time-inconsistency is there and does it matter? Evidence on self-awareness, size, and effects

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2008
Volume: 68
Issue: 3-4
Pages: 645-656

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Using students' predicted and unpredicted delays in midterm preparation as measures of time-inconsistency and self-awareness, this paper shows that time-inconsistent behavior is associated with inferior class performance even after controlling for the actual time spent in preparation. Most students showed some time-inconsistency. Most were at least partially aware of their time-inconsistency. Despite full awareness, the sophisticates still under-performed in class relative to the time-consistent. Furthermore, they might still show over-confidence in their self-evaluation of future class performance. Those naive about future time-inconsistency also under-performed relative to the time-consistent.

Technical Details

RePEc Handle
repec:eee:jeborg:v:68:y:2008:i:3-4:p:645-656
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29