The Shape of Temptation: Implications for the Economic Lives of the Poor
Published By: BREAD on eSS | Published Date: April, 13 , 2010This paper argues that the relation between temptations and the level
of consumption plays a key role in explaining the observed behaviors of
the poor. Temptation goods are defined to be the set of goods that gen-
erate positive utility for the self that consumes them, but not for any
previous self that anticipates that they will be consumed in the future.
Author(s): Abhijit Banerjee, Sendhil Mullainathan | Posted on: May 13, 2010 | Views(1362) | Download (919)