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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Autor principal: Albers, Susanne (auth)
Otros Autores: Kraft, Dennis (auth)
Formato: Electrónico Capítulo de libro
Lenguaje:inglés
Publicado: Springer Nature 2017
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Acceso en línea:OAPEN Library: download the publication
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