Abhijit V. Banerjee and Sendhil Mullainathan: The Shape of Temptation: Implications for the Economic Lives of the Poor: “The relation between temptations and the level of consumption plays a key role in explaining the observed behaviors of the poor… …Temptation goods… generate positive utility for the self that consumes them, but not for any previous … Continue reading Afternoon Must-Read: Abhijit V. Banerjee and Sendhil Mullainathan: The Shape of Temptation: Implications for the Economic Lives of the Poor
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