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• W2894213720 abstract "We propose a theoretical model to explain the usage of time-inconsistent behavior as a strategy to exploit others when reputation and trust have secondary effects on the economic outcome. We consider two agents with time-consistent preferences exploiting common resources. Supposing that an agent is believed to have time-inconsistent preferences with probability p, we analyze whether she uses this misinformation when she has the opportunity to use it. Using the model originally provided by Levhari and Mirman (Bell J Econ 11(1):322–334, 1980), we determine the optimal degree of present bias that the agent would like to have while pretending to have time-inconsistent preferences and we provide the range of present-bias parameter under which deceiving is optimal. Moreover, by allowing the constant relative risk aversion class of utility form, we characterize the distinction between pretending to be naive and sophisticated." @default.
• W2894213720 created "2018-10-05" @default.
• W2894213720 creator A5043017402 @default.
• W2894213720 date "2018-09-27" @default.
• W2894213720 modified "2023-10-05" @default.
• W2894213720 title "Intentional time inconsistency" @default.
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• W2894213720 doi "https://doi.org/10.1007/s11238-018-9671-y" @default.
• W2894213720 hasPublicationYear "2018" @default.
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