Search Results - subject:"Inconsistency"

Reddinger, J. Lucas - 2024

Persistent link: https://www.econbiz.de/10015073369

Present bias in choices over food and money

Danzer, Alexander M.; Zeidler, Helen - 2024

inconsistency at the meal level. Utility weight estimates at the dish level reveal that consumers balance healthiness between food …

Persistent link: https://www.econbiz.de/10015098967

Envy today, inequality tomorrow: how present bias shapes the wealth distribution

Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2025

We study the effects of envy (relative consumption concerns), drawing on evidence that preferences typically exhibit present bias. We employ a Ramseytype model with agents who differ in initial capital endowments and account for present-biased envy: agents are naive and care about how their...

Persistent link: https://www.econbiz.de/10015405352

Constant discounting, temporal instability, and dynamic inconsistency in Denmark : a longitudinal field experiment

Harrison, Glenn W.; Igel Lau, Morten; Yoo, Hong Il - In: International economic review 66 (2025) 1, pp. 363-392

Persistent link: https://www.econbiz.de/10015399136

The morphing of dictators : why dictators get worse over time

Basu, Kaushik - In: Oxford open economics 2 (2023), pp. 1-6

much political intrigue and evil to indulge in in order to stay in power leads to a dynamic inconsistency converting the …

Persistent link: https://www.econbiz.de/10014492221

Eggs when young, chicken when old : time consistency and addiction over the life cycle

Piccoli, Luca; Tiezzi, Silvia - 2023

separately. While our test rejects time inconsistency in the form of present-bias for both population groups, young smokers are … inconsistency, which provides partial empirical support to the T21 law motivation, but also highlights how the quasi …

Persistent link: https://www.econbiz.de/10014326453

Conservation by lending

Harstad, Bård; Storesletten, Kjetil - 2023

This project analyzes how a principal can motivate an agent to conserve rather than exploit a depletable resource. This dynamic problem is relevant for tropical deforestation as well as for other environmental problems. It is shown that the smaller is the agent's discount factor (e.g., because...

Persistent link: https://www.econbiz.de/10014307153

Capital investment, business behaviour, and the macroeconomy

Baddeley, Michelle - In: The economic and labour relations review : ELRR 34 (2023) 1, pp. 35-50

Persistent link: https://www.econbiz.de/10014308692

Dynamic inconsistency, commitment, and welfare in strategic settings

Ivanov, Asen - 2023

The choices of a dynamically inconsistent individual depend on whether she commits to consumption ahead of time or chooses consumption in the moment. In individual-choice settings, it is normatively ambiguous whether such an individual’s choices with commitment or in the moment are "better"....

Persistent link: https://www.econbiz.de/10014314279

Grit, discounting, & time inconsistency

König-Kersting, Christian; Trautmann, Stefan T. - 2023

psychological measure of grit, with economic measures of impatience and decreasing impatience (time inconsistency), respectively, in … inconsistency with grit is found. Predicting participants' financial and health outcomes and behaviors, we find that both impatience … and grit are predictive for both outcomes, but this is not the case for time inconsistency. Our findings suggest that it …

Persistent link: https://www.econbiz.de/10014335460