Abstract
The standard economic theory of choice is extended to accommodate a particular form of akratic choice. The empirical content of the new theory is fully characterized. A characterization of revealed akratic choice, in terms of observable choice only, is also provided. These results are consistent with the viewpoint that akrasia is a concept that can be empirically substantiated.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 115-131 |
| Number of pages | 17 |
| Journal | Synthese |
| Volume | 181 |
| Issue number | 1 SUPPL |
| DOIs | |
| State | Published - 2011 |
Funding
I thank the National Science Foundation for financial support.
Keywords
- Akrasia
- Revealed preferences
ASJC Scopus subject areas
- Philosophy
- General Social Sciences