TITLE:
A Geometric Approach to Temptation and Self-Control
AUTHORS:
Koji Abe
KEYWORDS:
Temptation, Self-Control, Utility Representation, Geometric Approach
JOURNAL NAME:
Theoretical Economics Letters,
Vol.6 No.3,
June
15,
2016
ABSTRACT: By making use of a geometry of preferences, Abe (2012) proves the Gul and
Pesendorfer’s utility representation theorem about temptation without
self-control. This companion paper provides a similar proof for the Gul and
Pesendorfer's utility representation theorem about temptation and costly
self-control. As a result, the both theorems are proved in the unified way.