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Temptations in General Settings

Igor Kopylov

The B.E. Journal of Theoretical Economics, 2009, vol. 9, issue 1, 25

Abstract: I generalize Gul and Pesendorfer's (2001) model of temptation to a multi-period framework where preferences are defined over menus of menus rather than over menus of terminal consumptions. This extension can be applied to model preemptive temptations, self-deception, and biased perceptions of subjective uncertainty.

Keywords: temptation; Set-Betweenness; self-control; subjective state space (search for similar items in EconPapers)
Date: 2009
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DOI: 10.2202/1935-1704.1558

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