Coping Rationally with Lapses from Rationality
People have difficulty governing certain of their own behaviors, and employ strategies to constrain future choices. These efforts can be interpreted as rational attempts to cope with some foreseeable lapse from full rationality. The philosophy literature and a small amount of recent economics literature concentrate on temptations - addictions, eating problems, sexual incontinence. Just what occurs during a "lapse" is often hard to describe, and whether succumbing should be considered rational or not is in dispute. Here, a number of conditions and behaviors are introduced for which a judgment about "irrationality" will be less problematic. They are important in their own right, and also help to enlarge the class in which the more notorious addictive and compulsive behaviors can be fitted. The latter may then be seen as members of a family not all of whose members are so perplexing.
Volume (Year): 22 (1996)
Issue (Month): 3 (Summer)
|Contact details of provider:|| Postal: c/o Dr. Alexandre Olbrecht, The Anisfield School of Business 205, Ramapo College, 505 Ramapo Valley Road, Ramapo, New Jersey 07430, USA|
Phone: (201) 684-7346
Web page: https://www.quinnipiac.edu/eea/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:eej:eeconj:v:22:y:1996:i:3:p:251-269. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson, College of the Holy Cross)
If references are entirely missing, you can add them using this form.