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作者：Bénabou, R; Tirole, J
作者单位：Princeton University; National Bureau of Economic Research; Centre National de la Recherche Scientifique (CNRS); Centre National de la Recherche Scientifique (CNRS); Massachusetts Institute of Technology (MIT)
摘要：We analyze the value placed by rational agents on self-confidence, and the strategies employed in its pursuit. Confidence in one's abilities generally enhances motivation, making it a valuable asset for individuals with imperfect willpower. This demand for self-serving beliefs (which can also arise from hedonic or signaling motives) must be weighed against the risks of overconfidence. On the supply side, we develop a model of self-deception through endogenous memory that reconciles the motivat...
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作者：Mullainathan, S
作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
摘要：In order to investigate the impact of limited memory on human behavior, I develop a model of memory grounded in psychological and biological research. I assume that people take their memories as accurate and use them to make inferences. The resulting model predicts both over- and underreaction but provides enough structure to predict when each effect dominates. I then use this framework to study the consumption decision. The results match empirical work on consumption predictability as well as...
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作者：Charness, G; Rabin, M
作者单位：University of California System; University of California Santa Barbara; University of California System; University of California Berkeley
摘要：Departures from self-interest in economic experiments have recently inspired models of social preferences. We design a range of simple experimental games that test these theories more directly than existing experiments. Our experiments show that subjects are more concerned with increasing social welfare-sacrificing to increase the payoffs for all recipients, especially low-payoff recipients-than with reducing differences in payoffs (as supposed in recent models). Subjects are also motivated by...
