Doing it when others do: a strategic model of procrastination
Article
Cerrone, C. 2021. Doing it when others do: a strategic model of procrastination. Economic Inquiry. 59 (1), pp. 315-328. https://doi.org/10.1111/ecin.12928
Type | Article |
---|---|
Title | Doing it when others do: a strategic model of procrastination |
Authors | Cerrone, C. |
Abstract | This paper develops a strategic model of procrastination in which present‐biased agents prefer to perform an onerous task with someone else. This turns their decision of when to perform the task into a procrastination game - a dynamic coordination game between present‐biased players. The model characterizes the conditions under which interaction mitigates or exacerbates procrastination. A procrastinator matched with a worse procrastinator may perform her task earlier than she otherwise would: she wants to avoid the increased temptation that her peer's company would generate. Procrastinators can thus use bad company as a commitment device to mitigate their self‐control problem. |
Publisher | Wiley |
Journal | Economic Inquiry |
ISSN | 0095-2583 |
Electronic | 1465-7295 |
Publication dates | |
Online | 29 Jul 2020 |
01 Jan 2021 | |
Publication process dates | |
Deposited | 03 Aug 2020 |
Submitted | 26 Oct 2019 |
Accepted | 14 Jun 2020 |
Output status | Published |
Publisher's version | License |
Copyright Statement | © 2020 The Authors. Economic Inquiry published by Wiley Periodicals LLC on behalf of Western Economic Association International. |
Digital Object Identifier (DOI) | https://doi.org/10.1111/ecin.12928 |
Language | English |
https://repository.mdx.ac.uk/item/8906w
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