{"id":1743,"date":"2024-05-07T09:04:18","date_gmt":"2024-05-07T09:04:18","guid":{"rendered":"https:\/\/qsms.bme.hu\/?p=1743"},"modified":"2024-05-07T09:04:18","modified_gmt":"2024-05-07T09:04:18","slug":"may-8-artem-razumovskii-qsms-seminar","status":"publish","type":"post","link":"https:\/\/qsms.bme.hu\/index.php\/2024\/05\/07\/may-8-artem-razumovskii-qsms-seminar\/","title":{"rendered":"May 8: Artem Razumovskii (QSMS Seminar)"},"content":{"rendered":"\n<p>Artem Razumovskii (CERGE-EI) will present the paper &#8220;<em>Interim Deadline for Procrastinators<\/em>&#8221; on May 8th, 2024, at 10:30 AM, in room QA406.<\/p>\n\n\n\n<p><strong>Abstract:&nbsp;&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p>People are partially time inconsistent and many have difficulties committing to a detailed schedule for a project. I study optimal interim deadlines and how they affect the behavior and resulting welfare of the present-biased agent. I consider a model in which there are three types of agent in terms of how the agent understands her present bias: naive, sophisticated, and partially-sophisticated. For each type, there is a unique design for an exogenous interim deadline that maximizes the agent\u2019s welfare. However, only the sophisticated agent would self-impose an optimal interim deadline, while the na\u00efve agent would not apply a self-imposed deadline at all. The partially-sophisticated agent sets a nonoptimal self-imposed deadline and can even decrease her own welfare by imposing it. The main result is that the partially-sophisticated agent who is relatively less present-biased would decrease her own welfare by using a self-imposed deadline, and the partially-sophisticated agent who is relatively more present-biased would increase her welfare given the same degree of sophistication.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Artem Razumovskii (CERGE-EI) will present the paper &#8220;Interim Deadline for Procrastinators&#8221; on May 8th, 2024, at 10:30 AM, in room QA406. Abstract:&nbsp;&nbsp;&nbsp; People are partially time inconsistent and many have difficulties committing to a detailed schedule for a project. I study optimal interim deadlines and how they affect the behavior and resulting welfare of the &hellip; <a href=\"https:\/\/qsms.bme.hu\/index.php\/2024\/05\/07\/may-8-artem-razumovskii-qsms-seminar\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;May 8: Artem Razumovskii (QSMS Seminar)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,4,17],"tags":[],"class_list":["post-1743","post","type-post","status-publish","format-standard","hentry","category-event","category-news","category-seminar"],"_links":{"self":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/comments?post=1743"}],"version-history":[{"count":2,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1743\/revisions"}],"predecessor-version":[{"id":1745,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1743\/revisions\/1745"}],"wp:attachment":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/media?parent=1743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/categories?post=1743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/tags?post=1743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}