Choice and Procrastination

Ted O'Donoghue and Matthew Rabin

Microeconomics from University Library of Munich, Germany

Abstract: Recent models of procrastination due to self-control problems assume that a procrastinator considers just one option and is unaware of her self-control problems. We develop a model where a person chooses from a menu of options and is partially aware of her self-control problems. This menu model replicates earlier results and generates new ones. A person might forego completing an attractive option because she plans to complete a more attractive but never-to-be-completed option. Hence, providing a non-procrastinator additional options can induce procrastination, and a person may procrastinate worse pursuing important goals than unimportant ones.

JEL-codes: A12 B49 C70 D11 D60 D74 D91 E21 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2001-01-02
Note: 38 pages Acrobat .pdf
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (332)

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/0012/0012002.pdf (application/pdf)

Related works:
Journal Article: Choice and Procrastination (2001)
Working Paper: Choice and Procrastination (2000)
Working Paper: Choice and Procrastination (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpmi:0012002

Access Statistics for this paper

More papers in Microeconomics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().