Revealing Naïveté and Sophistication from Procrastination and Preproperation

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2021
Volume: 13
Issue: 2
Pages: 402-38

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

This paper proposes a novel way of distinguishing whether a person is naive or sophisticated about her own dynamic inconsistency using only her task-completion behavior. It shows that adding an unused extra opportunity to complete a task can lead a naïve (but not a sophisticated) person to complete it later and can lead a sophisticated (but not a naïve) person to complete the task earlier. These results provide a framework for revealing preference and sophistication types from behavior in a general environment that includes that of O'Donoghue and Rabin (1999).

Technical Details

RePEc Handle
repec:aea:aejmic:v:13:y:2021:i:2:p:402-38
Journal Field
General
Author Count
1
Added to Database
2026-01-25