Essays on Self-Control

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Date

2012

Authors

Groves, Alexander

Advisors

Kranton, Rachel
Sadowski, Philipp

Journal Title

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Abstract

This dissertation concerns methods to test whether or not self-control

is costly, the form of temptation, and the affects different assumptions

about costly self-control and temptation have on optimal borrowing

and saving mechanisms. The second chapter shows that costly self-control

and temptation can be differentiated from changing impatience in a

stochastic income consumption-savings environment. The third chapter

describes an experiment to test whether subjects have time inconsistent

preferences, whether self-control is costly, and if so, whether the

cost of self-control is time dependent. The fourth chapter describes

the affects on the optimal borrowing and savings mechanisms that assumptions

about the myopia of temptation and the strength of costly self-control

have.

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Citation

Citation

Groves, Alexander (2012). Essays on Self-Control. Dissertation, Duke University. Retrieved from https://hdl.handle.net/10161/5779.

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