@article{753937,
      recid = {753937},
      author = {Ikeda, Shinsuke,},
      title = {The economics of self-destructive choices [electronic  resource] /},
      pages = {1 online resource (xv, 191 pages).},
      abstract = {Based on recent advances in economics, especially those in  behavioral economics, this book elucidates theoretically  and empirically the mechanism of time-inconsistent decision  making that leads to various forms of self-destructive  behavior. The topics include over-eating and obesity,  over-spending, over-borrowing, under-saving,  procrastination, smoking, gambling, over-drinking, and  other intemperate behaviors, all of which relate to serious  social problems in advanced countries.  In this book, the  author attempts to construct a bridge between the basic  theory of time discounting, especially as of hyperbolic  discounting, and empirically observed “irrational  (non-classical)” behavior in the various contexts just  mentioned. The empirical validity of the theory is  discussed using unique micro data as well as public macro  data. The book proposes prescriptions for individual  decision makers, whether sophisticated or naïve, to make  better choices in self-control problems, and also provides  policy makers with useful advice for influencing people’s  decision making in the right directions.   This work is  recommended not only to general readers who seek to learn  how to attain better self-regulation under self-control  problems. It also helps researchers who seek an overview of  positive and normative implications of hyperbolic  discounting, and thereby reconstruct economic theory for a  better understanding of actual human behavior and the  resulting economic dynamics.},
      url = {http://library.usi.edu/record/753937},
}