Self-regulatory strength and dynamic optimal purchase

Research output: Contribution to journalArticlepeer-review


I study a single-agent dynamic purchase problem by using a Gul and Pesendorfer's [Gul,F., Pesendorfer,W., 2007. Harmful addiction. Review of Economic Studies 74 (1), 147-172] dynamic preference: extreme self-control cannot be sustained and leads to addiction. This type of agent exhibits a behavioral pattern of self-regulatory depletion.

Original languageEnglish
Pages (from-to)452-454
Number of pages3
JournalEconomics Letters
Issue number3
Publication statusPublished - 2012 Jun
Externally publishedYes


  • Consumption
  • Optimal control
  • Self-control

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


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