000753937 000__ 06288cam\a2200541Ii\4500 000753937 001__ 753937 000753937 005__ 20230306141528.0 000753937 006__ m\\\\\o\\d\\\\\\\\ 000753937 007__ cr\cn\nnnunnun 000753937 008__ 160223t20162016ja\\\\\\ob\\\\001\0\eng\d 000753937 019__ $$a943826709 000753937 020__ $$a9784431557937$$q(electronic book) 000753937 020__ $$a4431557938$$q(electronic book) 000753937 020__ $$z9784431557920 000753937 035__ $$aSP(OCoLC)ocn940557990 000753937 035__ $$aSP(OCoLC)940557990$$z(OCoLC)943826709 000753937 040__ $$aN$T$$beng$$erda$$epn$$cN$T$$dIDEBK$$dN$T$$dYDXCP$$dEBLCP$$dAZU$$dCOO 000753937 049__ $$aISEA 000753937 050_4 $$aHB74.P8 000753937 066__ $$c$1 000753937 08204 $$a330.019$$223 000753937 1001_ $$6880-01$$aIkeda, Shinsuke,$$d1957-$$eauthor. 000753937 24514 $$aThe economics of self-destructive choices$$h[electronic resource] /$$cShinsuke Ikeda. 000753937 264_1 $$aTokyo :$$bSpringer,$$c2016. 000753937 264_4 $$c©2016 000753937 300__ $$a1 online resource (xv, 191 pages). 000753937 336__ $$atext$$btxt$$2rdacontent 000753937 337__ $$acomputer$$bc$$2rdamedia 000753937 338__ $$aonline resource$$bcr$$2rdacarrier 000753937 4901_ $$aAdvances in Japanese business and economics,$$vvolume 10 000753937 504__ $$aIncludes bibliographical references (pages 181-186) and index. 000753937 5050_ $$aPreface; Contents; About the Author; Chapter 1: The Paradox of Self-Destructive Choices; 1.1 What Are Self-Destructive Behaviors?; 1.1.1 Harmful Choices; 1.1.2 Associated Self-Destructive Behaviors; 1.2 Comparing Present and Future Rewards; 1.2.1 Present or Future? Choices over Time; 1.2.2 Present-Oriented Inclination: Subjective Discount Rates; 1.2.3 Bankers ́Way of Time Discounting; 1.3 Hyperbolic Discounting and Inconsistent Decisions; 1.3.1 Being Swayed by the Temptation of Immediate Rewards; 1.3.2 Self-Destructive Procrastination; 1.3.3 The Self-Control Problem 000753937 5058_ $$a1.3.4 ``Sophisticated ́́People and ``Naive ́́People1.4 Binding Future Selves ́Hands; 1.4.1 Binding Loose Selves; 1.4.2 Freezing Assets; 1.5 Coping with Self-Destructive Behaviors; 1.5.1 Knowing Oneself: Self Signaling; 1.5.2 How to Improve Decisions and Behaviors; 1.5.3 Behavioral Economics Policy Recommendations; Supplement A: Monkeys and Chosan-Boshi?; Supplement B: Measuring Personal Discount Rates; Chapter 2: Varying Impatience; 2.1 Anomalies in Intertemporal Choices; 2.2 Smaller Amounts Are Discounted More; 2.2.1 The Magnitude Effect; 2.2.2 Increasing Proportionate Sensitivity 000753937 5058_ $$a2.2.3 Mental Fixed Costs for Waiting2.2.4 Mental Accounting; 2.3 Gains Are Discounted More Than Losses; 2.3.1 The Sign Effect; 2.3.2 Decreasing Marginal Utility; 2.3.3 Loss Bias; 2.3.4 The Sign Effect and Borrowing Aversion; 2.3.5 Delay/Speed-Up Asymmetry; 2.3.6 The Framing Effect; 2.4 Choosing Improving Sequences; 2.4.1 Choice of Gratification Sequences; 2.4.2 Choosing the Smaller Lifetime Income; 2.4.3 The Seniority-Based Wage Puzzle; 2.4.4 Improvements Yield Gratification; 2.4.5 Savoring and Habituation; 2.4.6 Sequence as Context; 2.5 Conclusions 000753937 5058_ $$aChapter 3: Hyperbolic Discounting and Self-Destructive Behaviors3.1 Introduction; 3.2 More Impatient for More Immediate Gratification; 3.2.1 Proximal Future Choice and Distal Future Choice; 3.2.2 Exponential Discounting and Hyperbolic Discounting; 3.2.3 The Matching Law; 3.3 Inconsistent Choices; 3.3.1 Dual Personality; 3.3.2 Patient Plan with Impatient Behavior; 3.3.3 Procrastinating Tasks and Preproperating Leisure; 3.3.4 Too Much Consumption and Too Little Accumulation; 3.4 Mechanism of Hyperbolic Discounting; 3.4.1 Today Is Long: Distortion in Psychological Time 000753937 5058_ $$a3.4.2 The Certainty Effect3.4.3 The Ant and the Grasshopper in the Brain; 3.5 Conclusions; Chapter 4: Self-Control Problems of the Dual Self; 4.1 Introduction; 4.2 Problems of the Dual Self; 4.2.1 The Self-Control Problem; 4.2.2 Pessimistic or Optimistic About Their Future Selves?; 4.2.3 When to Clean?: Sophistication Mitigates Procrastination; 4.2.4 Overly Abstentious Decision-Making; 4.2.5 When to See a Movie?: Sophistication Reinforces Preproperation; 4.3 Excessive Abstinence and Indulgence; 4.3.1 Self-Restraining Smart Choice to See the Grand-Prize Winning Movie 000753937 506__ $$aAccess limited to authorized users. 000753937 520__ $$aBased 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. 000753937 588__ $$aOnline resource; title from PDF title page (viewed March 14, 2016). 000753937 650_0 $$aEconomics$$xPsychological aspects. 000753937 650_0 $$aSelf-destructive behavior$$xPsychological aspects. 000753937 650_0 $$aDecision making. 000753937 77608 $$iPrint version:$$aIkeda, Shinsuke$$tThe Economics of Self-Destructive Choices$$dTokyo : Springer Japan,c2016$$z9784431557920 000753937 830_0 $$aAdvances in Japanese business and economics ;$$vv. 10. 000753937 852__ $$bebk 000753937 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-4-431-55793-7$$zOnline Access$$91397441.1 000753937 909CO $$ooai:library.usi.edu:753937$$pGLOBAL_SET 000753937 980__ $$aEBOOK 000753937 980__ $$aBIB 000753937 982__ $$aEbook 000753937 983__ $$aOnline 000753937 994__ $$a92$$bISE