Arbeitspapier
When perfectionism becomes willpower
Perfectionism can be healthy: striving for perfection requires the ability to selfregulate, namely willpower. This paper formalizes the intuitive relation between healthy perfectionism and willpower in the presence of temptation. The value of a menu of options for an individual with limited willpower corresponds to the lower bound of the value assigned to the same menu by a perfectionist, when temptation and perfectionism intensities are free to vary. Moreover, the higher the perfectionism strive, the higher the willpower. The relation between overwhelming temptation and the Strotz model is a particular case of the result. When there is uncertainty about temptation, we generalize Dekel and Lipman (2012) providing conditions such that a preference is represented by a random willpower representation, if and only if, it has an equivalent random perfectionism representation.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni - Working Paper DSE ; No. 1050
- Klassifikation
-
Wirtschaft
Microeconomic Behavior: Underlying Principles
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pennesi, Daniele
- Ereignis
-
Veröffentlichung
- (wer)
-
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (wo)
-
Bologna
- (wann)
-
2016
- DOI
-
doi:10.6092/unibo/amsacta/4436
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pennesi, Daniele
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Entstanden
- 2016
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