자료유형  

 학위논문

Control Number  

0016933766

International Standard Book Number  

9798380262422

Dewey Decimal Classification Number  

387.7

Main Entry-Personal Name  

Lepper, Marissa.

Publication, Distribution, etc. (Imprint  

[S.l.] : University of Pittsburgh., 2023

Publication, Distribution, etc. (Imprint  

Ann Arbor : ProQuest Dissertations & Theses, 2023

Physical Description  

1 online resource(104 p.)

General Note  

Source: Dissertations Abstracts International, Volume: 85-03, Section: A.

General Note  

Advisor: Vesterlund, Lise.

Dissertation Note  

Thesis (Ph.D.)--University of Pittsburgh, 2023.

Restrictions on Access Note  

This item must not be sold to any third party vendors.

Summary, Etc.  

요약This dissertation consists of three essays that contribute to the field of behavioral economics by using experimental methods to explore the causes and impacts of impatient behavior. Chapter 1 identifies excuse-based procrastination. Excuses, or justifications, are a novel environmental factor that I show can induce myopic decisions in agents who would otherwise have been patient. In a lab experiment, participants allocate work between now and later. Some decisions have uncertainty over future work that can be costlessly resolved. I show that participants remain willfully ignorant as an excuse to do less immediate work, even at the risk of increasing total work. I propose that this is due to excuses mitigating a psychic cost associated with impatient behavior that makes procrastination less attractive, which I find suggestive evidence for in a survey. Chapter 2 uses a longitudinal online experiment with real-effort tasks to explore how streaks, i.e., tracking the consecutive periods a task is performed, can serve as a psychological motivator that decreases impatient behavior for tasks that have immediate costs but delayed benefits. However, there is a tradeoff with myopic reactions to broken streaks. Allowing for flexibility, such as "cheat days" when effort costs are higher than normal, can mitigate this by mechanically preserving a streak, but can be exploited to reduce effort on those days. Chapter 3 looks at how differential time horizons for debt repayment penalties impact the choices of financially distressed borrowers who are faced with the decision of what, not if, to default. Using observational credit report data, we find that a substantial subset of such borrowers who hold a varied debt portfolio avoid defaulting on revolving credit, resulting in an eventual default on their student loans. Although defaulting on student loans has much more severe penalties than defaulting on revolving credit, they are much more delayed. We explore how this timing influences financial decision making using an online survey.

Subject Added Entry-Topical Term  

Schedules.

Subject Added Entry-Topical Term  

Procrastination.

Subject Added Entry-Topical Term  

Decision making.

Subject Added Entry-Topical Term  

Behavioral psychology.

Subject Added Entry-Topical Term  

Finance.

Subject Added Entry-Topical Term  

Psychology.

Added Entry-Corporate Name  

University of Pittsburgh.

Host Item Entry  

Dissertations Abstracts International. 85-03A.

Host Item Entry  

Dissertation Abstract International

Electronic Location and Access  

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Control Number  

joongbu:641458