The Temptation to Exist: Overview, Texas

To “ Temptation and Taxation ” (

The Value of Temptation

There is an implicit assumption in electronic commerce that induces the buyers to believe that their deals will be handled appropriately. However, after a seller has already committed to a buyer, he may be tempted by several requests though he will not be able to supply them all. We analyze markets in which a finite set of automated buyers interacts repeatedly with a finite set of automated sel...

The Temptation of the Synthesis

In the mid-1980s, the first volume of the New History of Portugal, edited by A. H. de Oliveira Marques and Joel Serrão, was published. This was a work that examined the period of the fourteenth and fifteenth centuries and consisted of the fourth volume of a long and comprehensive edition of a New History of Portugal.2 The sole person responsible for this volume was Oliveira Marques, the author ...

Temptation 1

This survey discusses decision–theoretic models of agents who seek to constrain and regulate their own future behavior. The common theme is that the decision makers’ future utility is affected by unwanted temptations. The wish to eliminate temptations from future option sets creates a preference for commitment. The surveyed models explore the relationship between temptations and other psycholog...

Temptation, Commitment, and Hand-to-Mouth Consumers∗

20% of U.S. households are “wealthy hand-to-mouth” who hold only illiquid assets. But why should they do so, since higher-yielding liquid assets are available? To rationalize this behavior, we build a life-cycle model with non-standard preferences: households are tempted to consume their liquid assets, and therefore purchase housing as a savings commitment device. As a result, they choose to be...