کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7352642 1477048 2018 28 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Goal bracketing and self-control
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Goal bracketing and self-control
چکیده انگلیسی
This paper studies the role of goal bracketing to attenuate time inconsistency. When setting non-binding goals for a multi-stage project, an agent must decide how to group, or bracket, such goals for evaluation. He can bracket broadly by setting an aggregate goal for the entire project, or narrowly by setting incremental goals for individual stages. A loss averse agent brackets optimally by trading off motivation and risk pooling, which interacts non-trivially with time discounting. An aggregate goal becomes more attractive as early-stage uncertainty increases, while incremental goals become more attractive when later-stage uncertainty increases.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Games and Economic Behavior - Volume 111, September 2018, Pages 100-121
نویسندگان
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