Article

Efficiency and Equilibrium when Preferences are Time-Inconsistent

Erzo G.J. Luttmer, and Thomas Mariotti

JEL codes

  • D51: Exchange and Production Economies
  • D60: General
  • D91: Intertemporal Household Choice • Life Cycle Models and Saving

Replaces

Erzo G.J. Luttmer, and Thomas Mariotti, Efficiency and Equilibrium when Preferences are Time-Inconsistent, IDEI Working Paper, n. 335, 2004.

Reference

Erzo G.J. Luttmer, and Thomas Mariotti, Efficiency and Equilibrium when Preferences are Time-Inconsistent, Journal of Economic Theory, vol. 132, n. 1, January 2007, pp. 493–506.

Published in

Journal of Economic Theory, vol. 132, n. 1, January 2007, pp. 493–506