- Title
- The Simple Theory of Temptation and Self-Control
- Author(s)
- Faruk Gul Faruk Gul (Princeton University)
- Wolfgang Pesendorfer Wolfgang Pesendorfer (Princeton University)
- Abstract
- We analyze a two period model of temptation for a finite choice setting. We formalize the idea that temptation depends only on the most tempting alternatives and provide two representations of such preferences. The representation is an ordinal analogue of the self-control preferences in Gul and Pesendorfer (2001).
- Creation Date
- 2005-06
- Section URL ID
- Paper Number
- 2005-1
- URL
- http://www.princeton.edu/~pesendor/finite.pdf
- File Function
- Jel
- D71
- Keyword(s)
- Temptation, Choice, Self-control
- Suppress
- false
- Series
- 13