Don't fool yourself to believe you won't fool yourself again

Research output: Contribution to journalArticlepeer-review

Abstract

A possible solution to the absent minded driver problem is that the decision maker optimizes taking into account the utility he will actually have in the future, and not the utility level he should have.

Original languageEnglish
Pages (from-to)1-3
Number of pages3
JournalEconomics Letters
Volume67
Issue number1
DOIs
StatePublished - Apr 2000
Externally publishedYes

Keywords

  • C7
  • D0
  • Imperfect recall
  • Recursive utility

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