Self–Control and Random Strotz Representations∗

نویسندگان

  • Eddie Dekel
  • Barton L. Lipman
چکیده

We show that any preference with what Gul and Pesendorfer [2001] call a self– control representation also has a random Strotz representation, where the agent expects future choices to be made by a future self whose preference is not currently known with certainty. Thus one cannot use preferences over menus to determine whether or not an agent expects to exhibit self control.

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تاریخ انتشار 2007