A Theory of Temptation without Uncertainty

نویسنده

  • Madhav Chandrasekher
چکیده

This paper studies menu choice problems in which the decision maker faces no ex ante uncertainty about her ex post preferences, yet nevertheless exhibits non-trivial menu preferences due to the presence of self-control problems. We introduce a new class of utilities which generalize the Gul-Pesendorfer (2001, 2005) ‘No Self-Control’ model. The main results in the paper provide utility representation theorems for this class of utilities.

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تاریخ انتشار 2009