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...

ver descrição completa

Detalhes bibliográficos
Principais autores: Goh, Fang Ru, Nadirah Isa, Phua, Su Boon
Outros Autores: Au Pak Hung
Formato: Final Year Project (FYP)
Idioma:English
Publicado em: 2017
Assuntos:
Acesso em linha:http://hdl.handle.net/10356/69782