On the price of commitment assets in a general equilibrium model with credit constraints and tempted consumers

DOI10.1515/bejte-2015-0019zbMath1375.91149OpenAlexW3124727402MaRDI QIDQ1675030

Łukasz Woźny

Publication date: 26 October 2017

Published in: The B. E. Journal of Theoretical Economics (Search for Journal in Brave)

Full work available at URL: https://www.degruyter.com/view/j/bejte.2016.16.issue-2/bejte-2015-0019/bejte-2015-0019.xml?format=INT

zbMATH Keywords

general equilibriumself-controltime-consistencycredit constraintstime-dependent preferencescommitment assetilliquid bonds

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) General equilibrium theory (91B50) Consumer behavior, demand theory (91B42)

Cites Work

• A model of consumption-dependent temptation
• Equilibrium welfare and government policy with quasi-geometric discounting
• Competitive equilibrium when preferences change over time
• Time-inconsistent preferences in a general equilibrium model
• Efficiency and equilibrium when preferences are time-inconsistent
• Efficiency of competitive equilibria in economies with time-dependent preferences
• Commitment and self-control
• Non-existence of competitive equilibria with dynamically inconsistent preferences
• Time consistent Markov policies in dynamic economies with quasi-hyperbolic consumers
• On incentives, temptation and self-control
• Temptation and Taxation
• Temptation-Driven Preferences
• Golden Eggs and Hyperbolic Discounting
• Temptation and Self-Control
• REGRESSION IN THE BIVARIATE POISSON DISTRIBUTION
• Self-Control and the Theory of Consumption

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