| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27198 |
| 来源ID | Working Paper 27198 |
| Identification of Time-Inconsistent Models: The Case of Insecticide Treated Nets | |
| Aprajit Mahajan; Christian Michel; Alessandro Tarozzi | |
| 发表日期 | 2020-05-25 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Time-inconsistency may play a central role in explaining inter-temporal behavior, particularly among poor households. However, little is known about the distribution of time-inconsistent agents, and time-preference parameters are typically not identified in standard dynamic choice models. We formulate a dynamic discrete choice model in an unobservedly heterogeneous population of possibly time-inconsistent agents. We provide conditions under which all population type probabilities and preferences for both time-consistent and sophisticated agents are point-identified and sharp set-identification results for naïve and partially sophisticated agents. Estimating the model using data from a health intervention providing insecticide treated nets (ITNs) in rural Orissa, India, we find that time-inconsistent agents account for almost 80 percent of our sample and that sophisticated and naïve agents are considerably present-biased. Counterfactuals show that the under-investment in ITNs attributable to present-bias leads to substantial costs that are about six times the price of an ITN. |
| 主题 | Microeconomics ; Behavioral Economics ; Health, Education, and Welfare ; Health ; Poverty and Wellbeing |
| URL | https://www.nber.org/papers/w27198 |
| 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/584871 |
| 推荐引用方式 GB/T 7714 | Aprajit Mahajan,Christian Michel,Alessandro Tarozzi. Identification of Time-Inconsistent Models: The Case of Insecticide Treated Nets. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27198.pdf（838KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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