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Who Chooses Commitment? Evidence and Welfare Implications

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NBER2019-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26161
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This paper investigates whether offers of commitment contracts, in the form of self-imposed choice-set restrictions and penalties with no financial upside, are well-targeted tools for addressing self-control problems. In an experiment on gym attendance (N= 1;248), we examine take-up of commitment
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2019-08-01
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