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Jekyll and Hyde

Author

Listed:
  • Marie-Edith Bissey
  • John D Hey
  • Stefania Ottone

Abstract

Jekyll and Hyde were in fact two people inside the same person – an obviously dynamically inconsistent person. In the book and in the movie, the dynamic inconsistency was resolved in arather dramatic way. We investigate its resolution in the laboratory.

Suggested Citation

  • Marie-Edith Bissey & John D Hey & Stefania Ottone, 2008. "Jekyll and Hyde," Discussion Papers 08/01, Department of Economics, University of York.
    • Handle: RePEc:yor:yorken:08/01
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    References listed on IDEAS

    as
    1. Harris, Christopher & Laibson, David, 2001. "Dynamic Choices of Hyperbolic Consumers," Econometrica, Econometric Society, vol. 69(4), pages 935-957, July.
    2. McClennen,Edward F., 1990. "Rationality and Dynamic Choice," Cambridge Books, Cambridge University Press, number 9780521360470, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    dynamic inconsistency; saving; consumption; naïve; resolute; sophisticated; dual selves;
    All these keywords.

    JEL classification:

    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D9 - Microeconomics - - Micro-Based Behavioral Economics

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