منابع مشابه
A Computational issues in time-inconsistent planning
Time-inconsistency refers to a paradox in decision making where agents exhibit inconsistent behaviors over time. Examples are procrastination where agents tends to postpone easy tasks, and abandonments where agents start a plan and quit in the middle. These behaviors are undesirable in that agents make clearly suboptimal decisions over optimal ones. To capture such behaviors and more importantl...
متن کاملComputational Issues in Time-Inconsistent Planning
This article shows an extended work of [Kleinberg and Oren 2014]. It gives more properties of the graph time-inconsistency model raised in [Kleinberg and Oren 2014] by solving three open problems proposed in [Kleinberg and Oren 2014]. Generally speaking, it gives a tight upper bound for the ratio of actual cost due to time-inconsistency to minimum theoretic cost, and shows the hardness of motiv...
متن کاملOn the Value of Penalties in Time-Inconsistent Planning
People tend to behave inconsistently over time due to an inherent present bias. As this may impair performance, social and economic settings need to be adapted accordingly. Common tools to reduce the impact of time-inconsistent behavior are penalties and prohibition. Such tools are called commitment devices. In recent work Kleinberg and Oren [5] connect the design of a prohibition-based commitm...
متن کاملTime-consistent Individuals, Time-inconsistent Households
I present a model of consumption and savings for multi-person households in which members are imperfectly altruistic and share wealth. I show that, despite having standard exponential time preferences, the household is time-inconsistent: members save too little and overspend on private consumption goods. Access to private illiquid durable goods can exacerbate overconsumption by providing a way ...
متن کاملSettling the open problems in Kleinberg-Oren time-inconsistent planning models
This article shows an extended work of [Kleinberg and Oren 2014]. It gives more properties of the graph time-inconsistency model raised in [Kleinberg and Oren 2014] by solving three open problems proposed in [Kleinberg and Oren 2014]. Generally speaking, it gives a tight upper bound for the ratio of actual cost due to time-inconsistency to minimum theoretic cost, and shows the hardness of motiv...
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ژورنال
عنوان ژورنال: Communications of the ACM
سال: 2018
ISSN: 0001-0782,1557-7317
DOI: 10.1145/3176189