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Perfectionism and willpower

Daniele Pennesi ()

Economic Theory Bulletin, 2018, vol. 6, issue 1, No 8, 110 pages

Abstract: Abstract This paper formalizes a relation between models of perfectionism and willpower in the presence of temptation. The value of a menu of options for an individual with limited willpower corresponds to the lower bound of the value assigned to the same menu by a perfectionist, when temptation and perfectionism intensities are free to vary. The relation between overwhelming temptation and the Strotz model is a particular case of the result.

Keywords: Temptation; Perfectionism; Limited Willpower (search for similar items in EconPapers)
JEL-codes: D01 D9 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1007/s40505-017-0126-3

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