| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5258 |
| DP5258 Vertical Integration and Technology: Theory and Evidence | |
| Philippe Aghion; Daron Acemoğlu; Fabrizio Zilibotti; Rachel Griffith | |
| 发表日期 | 2005-09-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We model the brain as a multi-agent organization. Based on recent neuroscience evidence, we assume that different systems of the brain have different time-horizons and different access to information. Introducing asymmetric information as a restriction on optimal choices generates endogenous constraints in decision-making. In this game played between brain systems, we show the optimality of a self-disciplining rule of the type 'work more today if you want to consume more today' and discuss its behavioural implications for the distribution of consumption over the life-cycle. We also argue that our split-self theory provides 'micro-microfoundations' for discounting and offer testable implications that depart from traditional models with no conflict and exogenous discounting. Last, we analyse a variant in which the agent has salient incentives or biased motivations. The previous rule is then replaced by a simple, non-intrusive precept of the type 'consume what you want, just don't abuse'. |
| 主题 | Industrial Organization ; Public Economics |
| 关键词 | Neuroeconomics Dual self model |
| URL | https://cepr.org/publications/dp5258 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534127 |
| 推荐引用方式 GB/T 7714 | Philippe Aghion,Daron Acemoğlu,Fabrizio Zilibotti,et al. DP5258 Vertical Integration and Technology: Theory and Evidence. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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