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Commitment and self-control

[PDF] from bu.edu
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J Noor - Journal of Economic Theory, 2007 - Elsevier
The literature on self-control problems has typically concentrated on immediate temptations.
This paper studies a Gul and Pesendorfer [Temptation and self-control, Econometrica 69
(2001) 1403–1435; Self-control and the theory of consumption, Econometrica 72 (2004) ...
Cited by 27 - Related articles - All 26 versions

[PDF] Temptation, welfare, and revealed preference

[PDF] from su.se
J Noor - Boston U, 2005 - hassler-j.iies.su.se
Abstract Due to temptation, an agent's choices may not respect his normative preference (his
view of what is best for his welfare). Gul and Pesendorfer [7, 8] are the first to provide
behavioral foundations for a theory of temptation. Adopting a preference over choice ...
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Hyperbolic discounting and the standard model: Eliciting discount functions

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J Noor - Journal of Economic Theory, 2009 - Elsevier
Experiments on static intertemporal choice find evidence of particularly extreme impatience
toward immediate rewards. While this is often taken as support for hyperbolic discounting, it
could also arise because the most likely participants in experiments may be those with the ...
Cited by 18 - Related articles - All 13 versions

Uphill self‐control

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J Noor… - Theoretical Economics, 2010 - Wiley Online Library
This paper extends the theory of temptation and self-control introduced by Gul and
Pesendorfer (2001) to allow for increasing marginal costs of resisting temptation, that is,
convex self-control costs. It also proves a representation theorem that admits a general ...
Cited by 12 - Related articles - All 31 versions

[PDF] Hyperbolic discounting and the standard model

[PDF] from ucdavis.edu
J Noor - Boston University-Department of Economics-Working …, 2007 - econ.ucdavis.edu
Abstract Experiments on time preference document numerous findings that seem to con%
tradict the standard model of intertemporal choice. These findings are based on how
subjects choose between delayed rewards. This paper shows that if subjects integrate ...
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[PDF] Non-Bayesian Learning

[PDF] from bu.edu
LG Epstein, J Noor… - The BE Journal of Theoretical …, 2010 - sws.bu.edu
Abstract A series of experiments suggest that, compared to the Bayesian benchmark, people
may either underreact or overreact to new information. We consider a setting where agents
repeatedly process new data. Our main result shows a basic distinction between the long- ...
Cited by 9 - Related articles - View as HTML - Get it from MIT Libraries - All 13 versions

[PDF] Self-deception and choice

[PDF] from bu.edu
I Kopylov… - Boston University, unpublished, 2009 - sws1.bu.edu
Abstract The temptation literature has provided models where desires attain satisfaction by
commanding the agent's attention. We consider a model of self-deception, where desires
command the agent's reasoning, leading her to rationalize and justify actions that ...
Cited by 6 - Related articles - View as HTML - All 28 versions

[PDF] Time Preference: Experiments and Foundations

[PDF] from bu.edu
J Noor - 2011 - people.bu.edu
Abstract In order to elicit discount functions, experiments commonly analyze how subjects
trade% off money and time. However, discounting reveals itself most transparently in
behavior obtained by fixing the money dimension and varying only the time dimension. ...
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Intertemporal choice and the magnitude effect

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J Noor - Games and Economic Behavior, 2011 - Elsevier
A robust finding in experiments on time preference is the magnitude effect: subjects tend to
be more patient towards larger rewards. Using a calibration theorem, we argue against
standard curvature-based explanations for the finding. We axiomatize a model of ...
Cited by 6 - Related articles - All 5 versions

Decreasing impatience and the magnitude effect jointly contradict exponential discounting

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J Noor - Journal of Economic Theory, 2009 - Elsevier
The experimental literature on time preference finds that the manner in which subjects
discount money (as opposed to utility) exhibits properties known as Decreasing Impatience
and the Magnitude Effect. While these findings are often referred to as anomalies for the ...
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[CITATION] Subjective welfare

J Noor - Boston University, unpublished, 2009
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Temptation and Revealed Preference

[PDF] from northwestern.edu
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J Noor - Econometrica, 2011 - Wiley Online Library
Gul and Pesendorfer (2001) model the static behavior of an agent who ranks menus prior to
the experience of temptation. This paper models the dynamic behavior of an agent whose
ranking of menus itself is subject to temptation. The representation for the agent's ...
Cited by 4 - Related articles - All 18 versions

[PDF] Choice and normative preference

[PDF] from psu.edu
J Noor - Boston University-Department of Economics-Working …, 2005 - Citeseer
Abstract Due to factors such as temptation, choices may not respect normative prefer $ ence
(the agentks own, subjective view of what constitutes his welfare). Neverthe $ less, the
evidence on preference reversals suggests a means of recovering normative preference ...
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[CITATION] Temptation by Menus

J Noor… - 2010 - mimeo
Cited by 2 - Related articles

[PDF] A Theory of Preference Reversals: Exponential Discounting Without Separability

[PDF] from ucl.ac.uk
J Noor - 2007 - econ.ucl.ac.uk
Abstract This paper proves a representation theorem for preferences over dated rewards
that satisfy only basic regularity conditions and a Pref% erence Reversal condition. The
representation is a nonseparable gener% alization of the Exponential Discounting model ...
Cited by 1 - Related articles - View as HTML - All 2 versions

[PDF] Temptation and guilt

[PDF] from brown.edu
J Noor… - 2009 - brown.edu
Abstract This paper builds a model of guilt on the observation that guilt& avoiding behavior
must itself be cause for guilt. The agent experiences guilt when she submits to any
temptation, but the anticipation of guilt in turn generates a temptation to avoid guilt. In an ...
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[PDF] Future Temptation and Self-Control

[PDF] from northwestern.edu
J Noor - 2004 - kellogg.northwestern.edu
Abstract The literature on self-control has typically concentrated on immediate temptations.
This paper studies a Gul and Pesendorfer (2001, 2004) style model in which decision-
makers are affected by temptations that lie in the future.'Future temptation'can induce ...
Cited by 1 - Related articles - View as HTML - All 6 versions

[CITATION] Temptation, Welfare and Revealed Preference

JN Butt - 2005 - working paper
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[PDF] Contemporary Neoclassicism and its Methodology Jawwad Noor

[PDF] from lahoreschoolofeconomics.edu.pk
J Noor - Lahore Journal of Economics - lahoreschoolofeconomics.edu.pk
Abstract The last 10 to 20 years have seen a rapid rise of a new school in Macroeconomics.
One of the most interesting characteristics of this school is its use of non-econometric
methods for predicting and calculating various variables of the economy. If traditional ...
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[PDF] An Inquiry into the Nature of Choice

[PDF] from tcd.ie
J Noor - tcd.ie
Jawwad Noor provides a challenging but worthwhile read in his in-depth inquiry into
Marshallian consumer choice theory. Noor is willing to take the risk of plunging into
“unsubstantiable pure theory” in his attempt to broaden the concept of utility. Whether this ...
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[PDF] From Samuelson to Marshall and Beyond Jawwad Noor Butt

[PDF] from 121.52.153.179
JN Butt - Lahore Journal of Economics - 121.52.153.179
This paper is divided into three sections. The first section goes over the major developments
in consumer choice theory1 over time and contrasts the approaches of Marshall, Hicks and
Samuelson. In the second section is an inquiry into the nature of utility and a hypothesis is ...
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[DOC] From Samuelson to Marshall and Beyond

[DOC] from 121.52.153.179
JN Butt - 121.52.153.179
This paper is divided into three sections. The first section goes over the major developments
in consumer choice theory 1 over time and contrasts the approaches of Marshall, Hicks and
Samuelson. In the second section is an inquiry into the nature of utility and a hypothesis is ...
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[CITATION] The Magnitude Effect Implies Preference Reversals

J Noor - 2008
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[DOC] Contemporary Neoclassicism and its Methodology

[DOC] from 121.52.153.179
J Noor - 121.52.153.179
Abstract The last 10 to 20 years have seen a rapid rise of a new school in Macroeconomics.
One of the most interesting characteristics of this school is its use of non-econometric
methods for predicting and calculating various variables of the economy. If traditional ...
Related articles - View as HTML - All 4 versions

[CITATION] Temptation and Choice

JN Butt - 2005 - elibrary.ru
The choices of an agent with self-control problems may be viewed as being determined both
by a consideration of his welfare (normative preference) and by his desires (temptation
preference). Temptation is experienced when his temptation preference conflicts with his ...
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