FOUNDATIONS OF INTRINSIC HABIT FORMATION

被引：45
|
作者：
Rozen, Kareen [1 ,2 ]
机构：
[1] Yale Univ, Cowles Fdn, New Haven, CT 06520 USA
[2] Yale Univ, Dept Econ, New Haven, CT 06520 USA
来源：
ECONOMETRICA | 2010年 / 78卷 / 04期
关键词：
Time-nonseparable preferences; linear habit formation; weaning; compensated separability; gains monotonicity; LOSS AVERSION; MODEL; ADDICTION; UTILITY; CHOICE; PUZZLE;
D O I：
10.3982/ECTA7302
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We provide theoretical foundations for several common (nested) representations of intrinsic linear habit formation. Our axiomatization introduces an intertemporal theory of weaning a decision-maker from her habits using the device of compensation. We clarify differences across specifications of the model, provide measures of habit-forming tendencies, and suggest methods for axiomatizing time-nonseparable preferences.
引用
收藏
页码：1341 / 1373
页数：33
相关论文
共 50 条
  • [31] Habit formation and trade unions
    Goerke, Laszlo
    Hartmann, Sven A.
    OXFORD ECONOMIC PAPERS-NEW SERIES, 2023, 75 (03): : 681 - 703
  • [32] Habit formation and aggregate consumption
    Chapman, DA
    ECONOMETRICA, 1998, 66 (05) : 1223 - 1230
  • [33] Consumption, saving and habit formation
    Alessie, R
    Lusardi, A
    ECONOMICS LETTERS, 1997, 55 (01) : 103 - 108
  • [34] On the characterization of linear habit formation
    Gerelt Tserenjigmid
    Economic Theory, 2020, 70 : 49 - 93
  • [35] Habit Formation and the Transfer Paradox
    Ichiro Gombi
    Shinsuke Ikeda
    The Japanese Economic Review, 2003, 54 : 361 - 380
  • [36] Habit Formation and the Science of Teaching
    Cameron, E. H.
    PSYCHOLOGICAL BULLETIN, 1910, 7 (05) : 159 - 161
  • [37] Habit formation and the transfer paradox
    Gombi, I
    Ikeda, S
    JAPANESE ECONOMIC REVIEW, 2003, 54 (04) : 361 - 380
  • [38] Habit Formation: Deep and Uncertain
    Choudhary, Ali
    Kim, Young-Bae
    ECONOMICS BULLETIN, 2007, 4
  • [39] Labour supply with habit formation
    Kubin, I
    Prinz, A
    ECONOMICS LETTERS, 2002, 75 (01) : 75 - 79
  • [40] On the characterization of linear habit formation
    Tserenjigmid, Gerelt
    ECONOMIC THEORY, 2020, 70 (01) : 49 - 93
12345