Construct · 1 fields · 1 citations

naive versus sophisticated present bias: a standalone construct

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Behavioral economics

whether people with present bias foresee their own future self-control problems, which changes when they procrastinate or act early.

In behavioral economics, naive versus sophisticated present bias refers to whether people with present bias foresee their own future self-control problems, which changes when they procrastinate or act early. This meaning comes from O'Donoghue (1999) in American Economic Review.[1]

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Nearby constructs

present bias1 fields · 1 citationsanchor · a standalone construct bias6 fields · 8 citationsjingle · one name, six constructs future3 fields · 6 citationsjingle · one word, three constructs

References

O'Donoghue, T., & Rabin, M. (1999). Doing It Now or Later. American Economic Review, 89(1), 103-124. https://doi.org/10.1257/aer.89.1.103

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