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Temptation, self-control, and inter-temporal choice

  • Leonhard K. LadesEmail author
  • Wilhelm Hofmann
Article

Abstract

This paper presents the \({ TSC}\) framework, a novel formalization of self-control problems. It suggests that self-control failures can be explained either by non-constant temporal discounting, or by temptation that is not neutralized by self-control. Focusing on the latter explanation, the paper organizes much of what we know about self-control problems with the aim to improve communication and collaboration between economists and psychologists. The paper also draws implications for business and behavioral public policy-making from the framework. We hope that this paper will facilitate the development of an integrated behavioral science of self-control.

Keywords

Self-control Inter-temporal choice Motivation Soft paternalism 

Mathematics Subject Classification

D03 D90 

Notes

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Authors and Affiliations

  1. 1.EnvEconBlackrockIreland
  2. 2.University College DublinDublin 4Ireland
  3. 3.Department of PsychologyUniversity of CologneCologneGermany

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