Optimal parenting with present-biased children
This paper develops a game-theoretical model between an altruistic parent and a present-biased child in deciding on the amount of effort towards education. Our model posits that the degree of present bias leads to a divergence between the parent and child’s effort. Our results establish that a child...
| मुख्य लेखकों: | , , |
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| अन्य लेखक: | |
| स्वरूप: | Final Year Project (FYP) |
| भाषा: | English |
| प्रकाशित: |
2017
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| विषय: | |
| ऑनलाइन पहुंच: | http://hdl.handle.net/10356/69782 |