A BEJTE Advances article.

Abstract

I generalize Gul and Pesendorfer's (2001) model of temptation to a multi-period framework where preferences are defined over menus of menus rather than over menus of terminal consumptions. This extension can be applied to model preemptive temptations, self-deception, and biased perceptions of subjective uncertainty.

Submitted: March 12, 2009 · Accepted: September 2, 2009 · Published: September 27, 2009

Recommended Citation

Kopylov, Igor (2009) "Temptations in General Settings," The B.E. Journal of Theoretical Economics: Vol. 9 : Iss. 1 (Advances), Article 31.
DOI: 10.2202/1935-1704.1558
Available at: http://www.bepress.com/bejte/vol9/iss1/art31