Self Control, Revealed Preferences and Consumption Choice

B-Tier
Journal: Review of Economic Dynamics
Year: 2004
Volume: 7
Issue: 2
Pages: 243-264

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We provide a time consistent model that addresses the preference reversals that motivate the time inconsistency literature. The model subsumes the behavior generated by the time-inconsistency approach in finite settings but, unlike the time-inconsistent models, allows for self-control. This paper provides a brief summary of theoretical results shown elsewhere (Gul and Pesendorfer (2001), (2002a), (2002b)) and contrasts the predictions and welfare implications of our model and the time-inconsistent beta-delta model. (Copyright: Elsevier)

Technical Details

RePEc Handle
repec:red:issued:v:7:y:2004:i:2:p:243-264
Journal Field
Macro
Author Count
2
Added to Database
2026-01-25