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Contents
- Russell Sage Foundation
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- Additional Information
Contents Contributors Preface PART ONE . Historical Overview vii ix 1. The Fall and Rise of Psychological Explanations in the Economics of Intertemporal Choice 3 George Loewenstein 2. Intertemporal Choice and Political Thought 35 Jon Elster PART TWO . General Perspectives 3. Hyperbolic Discounting 57 George Ainslie and Nick Haslam 4. Irrationality, Impulsiveness, and Selfishness as Discount Reversal Effects 93 Howard Rachlin and Andres Raineri 5. Anomalies in Intertemporal Choice: Evidence and an Interpretation 119 George Loewenstein and Drazen Prelec v vi Contents 6. Delay of Gratification in Children Walter Mischel, Yuichi Shoda, and Monica L. Rodriguez PART THREE· Self-Control 7. Self-Command: A New Discipline T. C. Schelling 8. Self-Control George Ainslie and Nick Haslam PART FOUR· Internalities 147 167 177 9. Utility from Memory and Anticipation 213 Jon Elster and George Loewenstein 10. Melioration 235 Richard J. Herrnstein and Drazen Prelec 11. The Role of Moral Sentiments in the Theory of Intertemporal Choice 265 Robert H. Frank PART FIVE . Applications and Extensions 12. Mental Accounting, Saving, and Self-Control 287 Hersh M. Shefrin and Richard H. Thaler 13. A Theory of Addiction 331 Richard J. Herrnstein and Drazen Prelec 14. Rational Addiction and the Effect of Price on Consumption 361 Gary S. Becker, Michael Grossman, and Kevin M. Murphy 15. Frames of Reference and the Intertemporal Wage Profile 371 Robert H. Frank Index 383 ...