| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20381 |
| 来源ID | Working Paper 20381 |
| On the Interaction of Memory and Procrastination: Implications for Reminders | |
| Keith M. Marzilli Ericson | |
| 发表日期 | 2014-08-14 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | I examine the interaction between present-bias and limited memory. Individuals in the model must choose when and whether to complete a task, but may forget or procrastinate. Present-bias expands the effect of memory: it induces delay and limits take-up of reminders. Cheap reminder technology can bound the cost of limited memory for time-consistent individuals but not for present-biased individuals, who procrastinate on setting up reminders. Moreover, while improving memory increases welfare for time-consistent individuals, it may harm present-biased individuals because limited memory can function as a commitment device. Thus, present-biased individuals may be better off with reminders that are unanticipated. Finally, I show how to optimally time the delivery of reminders to present-biased individuals. |
| 主题 | Microeconomics ; Behavioral Economics ; Economics of Information |
| URL | https://www.nber.org/papers/w20381 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578055 |
| 推荐引用方式 GB/T 7714 | Keith M. Marzilli Ericson. On the Interaction of Memory and Procrastination: Implications for Reminders. 2014. |
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