BACAPBoston Area Colloquium in Ancient Philosophy
BACAPBluenose Atlantic Coastal Action Program (est. 1993; Canada)
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We say that a BACAP exhibits Habit-Formation if [PSI](k) - [GAMMA](k) is increasing in k.
If a BACAP B exhibits Habit-Formation, its dual D(B) exhibits Habit-Formation.
We say that a BACAP presents Harmful Addiction if it exhibits Habit Formation and Negative Internalities.
If a BACAP presents Harmful (Beneficial) Addiction, its dual D(B) exhibits Beneficial (Harmful) Addiction.
max]] [flecha diestra] {0,1} be a rule or strategy in a BACAP B, that is, for each state level k, a(k) prescribes an admissible action.
The above proposition shows that, given a strategy [alfa] in a BACAP B, strategy [?
Consider a BACAP B = [[PSI], [GAMMA], U, [gamma], [K.
In O'Donoghue and Rabin (2002), it is shown that in a BACAP as D(B) the optimal decision rule of the agent is of the cut-off type.
sophistication have been studied in O'Donoghue and Rabin (2002) and in Lopez (2006) for a BACAP presenting harmful addiction under time inconsistency as given by expression (4).
O'Donoghue and Rabin (2002) show that in a BACAP B presenting harmful addiction a naif follows a cutoff rule [[alfa].
Since any BACAP presenting beneficial addiction can be thought of as the dual of some BACAP presenting harmful addiction, naif behavior for beneficial addictions is completely characterized by expression (5).
Rather than characterizing sophisticated behavior in a BACAP B (6), what we want to point out is that the isomorphism 3 is equilibrium-preserving: