Article(electronic)#11991
Exit Strategies and Plant-Closing Decisions: The Case of Steel
In: The Rand journal of economics, Volume 22, Issue 2, p. 250
ISSN: 1756-2171
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Article(electronic)#2October 1, 1993
Temptation, Willpower, and the Problem of Rational Self-Control
In: Rationality and society, Volume 5, Issue 4, p. 455-472
ISSN: 1461-7358
This article develops a model of consumption when individuals maximize utility knowing that they will experience varying levels of temptation and willpower over time. Examination of the optimal consumption path reveals that consumers may resist temptation by altering their consumption path. This can generate consumption patterns that mimic time preference even when no underlying time preferences exist. Self-control strategies to increase consumer welfare, such as precommitment and public side bets, are shown to derive directly from the model.
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Article(electronic)#32000
Exit and Inefficiency: The Effects of Ownership Type
In: The journal of human resources, Volume 35, Issue 4, p. 734
ISSN: 1548-8004
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Article(electronic)#4September 1, 2023
Tap Water Access in Early Childhood and Long-Term Educational Performance
In: Journal of human capital: JHC, Volume 17, Issue 3, p. 349-386
ISSN: 1932-8664
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