Jawwad Noor ()
No WP2006-021, Boston University - Department of Economics - Working Papers Series from Boston University - Department of Economics
The literature on self-control problems has typically put forth models that imply behavior that is consistent with the Weak Axiom of Revealed Prefer- ence. Thus, while choice is hypothesized to be the outcome of some under- lying internal con.ict, the resulting choices are perfectly consistent across choice problems. We argue that such consistency is not to be expected from agents who suffer from self-control problems because an agent's ability to resist temptation may well depend on what alternatives are available to him. That is, self-control may be menu-dependent. This paper generalizes Gul and Pesendorfer  in a way that permits abstract menu-dependent self-control. Various specializations are considered. The foundations of the model require weakening Gul and Pesendorfer 's Independence and Set-Betweenness ax- ioms.
Keywords: Menu-Dependence; Self-Control; Temptation (search for similar items in EconPapers)
Pages: 37 pages
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Journal Article: Menu-dependent self-control (2015)
Working Paper: Menu-Dependent Self-Control (2011)
Working Paper: Menu-Dependent Self-Control (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:bos:wpaper:wp2006-021
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