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I’m not sure what to think about them: Confronting naive present bias in a dynamic threshold public goods game

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  • Gans, Joshua S.
  • Landry, Peter

Abstract

This paper explores the implications of naive present bias in a simple, dynamic threshold public goods game. Our analysis demonstrates how equilibrium behavior and outcomes can be highly dependent on the “direction” with which players reassess their naive prior beliefs (including higher-order beliefs) regarding both players’ present biases. In some situations, a naive player may actually become more inclined to exert effort in pursuit of a future reward upon discovering their own present bias.

Suggested Citation

  • Gans, Joshua S. & Landry, Peter, 2022. "I’m not sure what to think about them: Confronting naive present bias in a dynamic threshold public goods game," Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 195-204.
    • Handle: RePEc:eee:jeborg:v:197:y:2022:i:c:p:195-204
    DOI: 10.1016/j.jebo.2022.02.022
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