Essays on Self-Control

dc.contributor.advisor

Kranton, Rachel

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Sadowski, Philipp

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Groves, Alexander

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2012-09-04T13:15:00Z

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2012-09-04T13:15:00Z

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2012

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Economics

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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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https://hdl.handle.net/10161/5779

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Economic theory

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Economics

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Optimal Borrowing

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Optimal Savings

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Quasi-Hyperbolic Discounting

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Self-Control

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Temptation

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Willpower

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Essays on Self-Control

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Dissertation

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