Chapter The Price of Uncertainty in Present-Biased Planning

The tendency to overestimate immediate utility is a common cognitive bias. As a result people behave inconsistently over time and fail to reach long-term goals. Behavioral economics tries to help affected individuals by implementing external incentives. However, designing robust incentives is often...

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1. Verfasser: Albers, Susanne (auth)
Weitere Verfasser: Kraft, Dennis (auth)
Format: Elektronisch Buchkapitel
Sprache:Englisch
Veröffentlicht: Springer Nature 2017
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