Temptation–Driven Preferences1
نویسندگان
چکیده
“My own behavior baffles me. For I find myself not doing what I really want to do but doing what I really loathe.” Saint Paul Gul–Pesendorfer [2001] give a decision–theoretic model of temptation building on a framework of Dekel, Lipman, and Rustichini [2001]. We argue that the axiom they use to identify temptation, set betweenness, rules out plausible and interesting forms of temptation. We propose a simple alternative axiom we call DFC, desire for commitment. This axiom characterizes temptation as situations where given any set of alternatives, the agent prefers committing herself to some particular item from the set rather than leaving herself the flexibility of choosing later. We show that this axiom (together with a somewhat more technical condition) characterizes a natural generalization of the Gul– Pesendorfer representation.
منابع مشابه
Temptation and Self-Control as Duals1
Dekel, Lipman, and Rustichini [2008] attempt "[to identify] the broadest possible set of temptation-driven behavior." They argue that a desire for commitment characterizes such behavior. However, we argue that they go too far by including preferences which are not temptation-driven. We introduce two axioms which are stronger than their Desire for Commitment and weaker than Gul and Pesendorfers...
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