Noor, Jawwad; Takeoka, Norio - In: Theoretical economics : TE ; an open access journal in … 5 (2010) 2, pp. 127-158
This paper extends the theory of temptation and self-control introduced by Gul and Pesendorfer (2001) to allow for increasing marginal costs of resisting temptation, that is, convex self-control costs. It also proves a representation theorem that admits a general class of self-control cost...
