Quarterly Journal of Economics Vol. 116 No. 1 2001
Choice and Procrastination
Abstract
Recent models of procrastination due to self-control problems assume that a procrastinator considers just one option and is unaware of her self-control problems. We develop a model where a person chooses from a menu of options and is partially aware of her self-control problems. This menu model replicates earlier results and generates new ones. A person might forgo completing an attractive option because she plans to complete a more attractive but never-to-be-completed option. Hence, providing a nonprocrastinator additional options can induce procrastination, and a person may procrastinate worse pursuing important goals than unimportant ones.
- DOI
- 10.1162/003355301556365
- Volume
- 116
- Issue
- 1
- Pages
- 121-160
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref