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...
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| Main Authors: | , , |
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| 其他作者: | |
| 格式: | Final Year Project |
| 語言: | English |
| 出版: |
2017
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| 主題: | |
| 在線閱讀: | http://hdl.handle.net/10356/69782 |
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| 機構: | Nanyang Technological University |
| 語言: | English |