Sociability, Altruism and Subjective Well-Being

Leonardo Becchetti, Nazaria Solferino () and M. Elisabetta Tessitore ()
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Nazaria Solferino: University of Rome "Tor Vergata"
M. Elisabetta Tessitore: University of Rome "Tor Vergata"

No wp53, Econometica Working Papers from Econometica

Abstract: The choice between performing a task today or procrastinating it until tomorrow or later is the building block of any economic action. In our paper we aim to enrich the theoretical literature on procrastination by outlining conditions for bad and good procrastination and looking at the special cases of pathological procrastination, the curse of perfec- tionism and productive procrastination. We discuss how our theoreti- cal framework may be applied to explain different types of (education, investment and production) microeconomic decisions and which policy measures can be taken to avoid bad procrastination.

Keywords: Time-Inconsistent Preferences; Optimal Effort; Procras- tination; Intertemporal Choice (search for similar items in EconPapers)
JEL-codes: A12 D03 D11 D74 D91 (search for similar items in EconPapers)
Pages: 20
Date: 2014-03
New Economics Papers: this item is included in nep-cbe, nep-hap, nep-hpe, nep-hrm, nep-mic and nep-pbe
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Related works:
Working Paper: Sociability, Altruism and Subjective Well-Being (2013)
Working Paper: Sociability, Altruism and Subjective Well-Being (2013)
Working Paper: Sociability, Altruism and Subjective Well-Being (2013)
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