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Commitment contracts*

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Publication:4610877
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DOI10.1093/RESTUD/RDX041zbMath1405.91135OpenAlexW4241697925MaRDI QIDQ4610877

Philip Bond, Gustav Sigurdsson

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdx041


zbMATH Keywords

time inconsistencyhyperbolic discounting


Mathematics Subject Classification ID

Individual preferences (91B08) Consumer behavior, demand theory (91B42)


Related Items (4)

Durable goods as commitment devices under quasi-hyperbolic discounting ⋮ Present bias in the labor market -- when it pays to be naive ⋮ Commitment and partial naïveté: early withdrawal penalties on retirement accounts ⋮ Renegotiation and dynamic inconsistency: contracting with non-exponential discounting







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