Chapter The Price of Uncertainty in Present-Biased Planning
The tendency to overestimate immediate utility is a common cognitive bias. As a result people behave inconsistently over time and fail to reach long-term goals. Behavioral economics tries to help affected individuals by implementing external incentives. However, designing robust incentives is oft...
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| Format: | eBook |
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Springer Nature
2017
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| Online Access: | Get fulltext |