Chapter The Price of Uncertainty in Present-Biased Planning

Chapter The Price of Uncertainty in Present-Biased Planning

The tendency to overestimate immediate utility is a common cognitive bias. As a result people behave inconsistently over time and fail to reach long-term goals. Behavioral economics tries to help affected individuals by implementing external incentives. However, designing robust incentives is oft...

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Bibliographic Details
Format:	eBook
Language:	English
Published:	Springer Nature 2017
Subjects:	Computing and Information Technology Alice and Bob approximation algorithms behavioral economics Decision problem Graph theory Graphical model heterogeneous agents incentive design NP (complexity) penalty fees thema EDItEUR::U Computing and Information Technology Time complexity Upper and lower bounds variable present bias
Online Access:	Open Access: DOAB: description of the publication Open Access: DOAB, download the publication

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