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Doing It Now or Later

文献名称	Doing It Now or Later
文献作者	Ted O'Donoghue， Matthew Rabin
作者所在单位
文献分类	已发表文献
学科一级分类	经济
学科二级分类	行为经济学
文献摘要	The authors examine self-control problems--modeled as time-inconsistent, present-biased preferences--in a model where a person must do an activity exactly once. They emphasize two distinctions: do activities involve immediate costs or immediate rewards, and are people sophisticated or naive about future self-control problems? Naive people procrastinate immediate-cost activities and preproperate--do too soon--immediate-reward activities. Sophistication mitigates procrastination but exacerbates preproperation. Moreover, with immediate costs, a small present bias can severely harm only naive people, whereas with immediate rewards it can severely harm only sophisticated people. Lessons for savings, addiction, and elsewhere are discussed.
参考文献
关键字	self-control problems，preferences
发表所在刊物（或来源）	The American Economic Review，Vol. 89, No. 1 (Mar., 1999), pp. 103-124
发表时间	1999-03-01
适用研究领域
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