Can commitments cause counterpreferential choices?
Michael Messerli and
Kevin Reuter
Journal of Economic Methodology, 2023, vol. 30, issue 2, 94-106
Abstract:
Commitments are crucial for our lives but there is no consensus on how commitments and preferences relate to each other. In this paper, we present three empirical studies that provide evidence that people sometimes choose a less preferred option when they have made a commitment.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jecmet:v:30:y:2023:i:2:p:94-106
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DOI: 10.1080/1350178X.2022.2077407
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