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Chapter The Price of Uncertainty in Present-Biased Planning

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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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Autor principal: Albers, Susanne (auth)
Altres autors: Kraft, Dennis (auth)
Format: Electrònic Capítol de llibre
Idioma:anglès
Publicat: Springer Nature 2017
Matèries:
Computing & information technology
behavioral economics
incentive design
heterogeneous agents
approximation algorithms
variable present bias
penalty fees
Alice and Bob
Decision problem
Graph theory
Graphical model
NP (complexity)
Time complexity
Upper and lower bounds
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