2009 Fiscal Year Final Research Report
Decision Making under Temptation : Axiomatic Approach
| Project/Area Number |
20730137
|
|---|
| Research Category |
Grant-in-Aid for Young Scientists (B)
|
| Allocation Type | Single-year Grants |
|---|
| Research Field |
Economic theory
|
|---|
| Research Institution | Yokohama National University |
|---|
Principal Investigator |
TAKEOKA Norio Yokohama National University, 経済学部, 准教授 (80434695)
|
|---|
| Project Period (FY) |
2008 – 2009
|
| Keywords | ミクロ経済学 |
|---|
| Research Abstract |
Gul and Pesendorfer (2001) model a decision maker who suffers from temptation at the moment of choice. Their model can explain many empirical findings such as time inconsistent behavior. Unlike their model, we admit non-linear costs of self-control, and explain more experimental evidence such as Allais Paradox or violation of Weak Axiom of Revealed Preference within the framework of temptation and self-control.
|
