Time-Inconsistent Preferences and Strategic Self-Control in Digital Content Consumption

2021 ◽  
Author(s):  
Shuo Zhang ◽  
Tat Y. Chan ◽  
Xueming Luo ◽  
Xiaoyi Wang
Keyword(s):  
Self Control ◽  
Digital Content ◽  
Content Consumption ◽  
Time Inconsistent

This study examines consumers’ time-inconsistent preferences in digital content consumption and their strategic self-control behaviors.

scholarly journals Time-Inconsistent Preferences and Consumer Self-Control

1991 ◽  
Vol 17 (4) ◽  
pp. 492 ◽  
Author(s):  
Stephen J. Hoch ◽  
George F. Loewenstein
Keyword(s):  
Self Control ◽  
Time Inconsistent

scholarly journals Government Policy with Time Inconsistent Voters

2015 ◽  
Vol 105 (6) ◽  
pp. 1711-1737 ◽  
Author(s):  
Alberto Bisin ◽  
Alessandro Lizzeri ◽  
Leeat Yariv
Keyword(s):  
Behavioral Economics ◽  
Government Policy ◽  
Public Debt ◽  
Government Debt ◽  
Self Control ◽  
Control Problems ◽  
Debt Accumulation ◽  
Balanced Budget ◽  
Time Inconsistent ◽  
Illiquid Assets

Behavioral economics presents a “paternalistic” rationale for benevolent government intervention. This paper presents a model of public debt where voters have self-control problems and attempt to commit using illiquid assets. In equilibrium, government accumulates debt to respond to individuals' desire to undo their commitments, which leads individuals to rebalance their portfolio, in turn feeding into a demand for further debt accumulation. As a consequence, (i) large (and distortionary) government debt accumulation occurs, and (ii) banning illiquid assets could improve individuals' welfare. These results offer a new rationale for balanced budget rules in constitutions to restrain governments' responses to voters' self-control problems.(JEL D2, D72, D78, H62, H63)

Inter-Temporal Choice and Its Relevance in Consumer's Credit Behavior

2017 ◽  
pp. 17-38
Author(s):  
Shruti Surachita
Keyword(s):  
Quality Of Life ◽  
Real Life ◽  
Self Control ◽  
Time Dependent ◽  
Impulsive Behavior ◽  
Time Discounting ◽  
Time Inconsistent ◽  
Commitment Devices ◽  
Economic Studies

Inter-temporal choices have been an important aspect of Behavioral Economics, as they deal with time-dependent decision-making of people in various situations. This chapter discusses hyperbolic time-discounting, which has gained significant recognition and has become an important part of public-policy and economic studies in last few years. It also highlights the importance of this concept from a real-life perspective, by showing its relevance in credit-behavior of individuals. This is shown by highlighting the unstable preferences of individuals using credit-cards, which exploit time-inconsistent behavior. Despite the paucity of current research, understanding impulsive-behavior has gained popularity recently because of the relevance of wellbeing and happiness in the global scenario. As is evident, credit debt does hamper people's quality of life, and so it becomes important for researchers and policymakers to reduce impulsivity and self-control issues, by making consumers use costly commitment-devices and other behavioral options to help them make rational and justified choices.

scholarly journals Children’s Engagement with Brands: From Social Media Consumption to Brand Preference and Loyalty

2020 ◽  
Vol 12 (22) ◽  
pp. 9337 ◽  
Author(s):  
Patricia Núñez-Gómez ◽  
Joaquín Sánchez-Herrera ◽  
Teresa Pintado-Blanco
Keyword(s):  
Social Networks ◽  
Social Media ◽  
Digital Media ◽  
Decision Process ◽  
Digital Content ◽  
Purchase Decision ◽  
Brand Preference ◽  
Social Media Networks ◽  
Content Consumption ◽  
The Relationship

Digital content consumption provides a new scenario for children’s relationships with brands. The objective of this research is to study the process by which children interact with social media networks and the effect on brand preference and loyalty generated by this interaction. Specifically, the objectives of this research are focused on empirically verifying the process of consumption, contribution, and creation of children in social networks, and confirm the effect they can have on the relationship between children and brands. A great amount of research has focused on adult consumers and has projected the methodology onto children. This paper will take into account the particularities of children who are one of the most important groups in the purchase decision process of many categories (travel, food, toys, technology, fashion, etc.). For this reason, a theoretical model was built and validated with a sample of boys and girls between the ages of 8 and 14. The results show that the interaction of children with digital media (social networks) has a very important effect on increasing and generating brand preferences and loyalty. Although the effect is general and is not dependent on the age of the child, a more intense effect was observed in children between the ages of 12 and 14.

scholarly journals Big data literario de raíz bibliotecaria: reflexiones sobre infraestructuras de anotación, catalogación, descubrimiento y recomendación de ficción narrativa

2021 ◽  
Author(s):  
Tomás Saorín
Keyword(s):  
Big Data ◽  
Digital Library ◽  
Digital Humanities ◽  
Open Data ◽  
Literary Fiction ◽  
Literary Texts ◽  
Digital Content ◽  
Distant Reading ◽  
Content Consumption ◽  
Data Infrastructures

This work explores the relationships between the field of literary studies based on data inspired by the “distant reading” school and the digital humanities and the activity of libraries and other agents of the book sector in the ecosystem of recommendation and discovery of readings. Projects for enriching catalogues and description resources about literary fiction are presented, such as OCLC FictionFinder and Kirjasampo, within the framework of transmedia and open metadata, understood in relation to the practices of digital content consumption platforms such as Netflix or Amazon Prime Video. Besides, other practices of annotation and editing of literary texts are outlined. Finally, I explain opportunities to develop digital Library Laboratories supported by open data infrastructures such as Wikidata for the enriched description past and present of narrative fictions in a collaborative way, to enable projects and services for the discovery of related readings. Resumen Se describe la relación entre el campo de los estudios literarios basados en datos de la corriente distant reading y las humanidades digitales, y la actividad de las bibliotecas y otras entidades del sector del libro en el ecosistema de la recomendación y el descubrimiento de lecturas. Se presentan proyectos de catalogación y descripción enriquecida de la ficción literaria, como OCLC FictionFinder y Kirjasampo, en el marco de los metadatos transmedia y abiertos, entendidos en relación con las prácticas de plataformas de consumo de contenidos digitales como Netflix o Amazon Prime Video, junto a otras prácticas de anotación y edición de textos literarios. Finalmente se plantea la oportunidad de desarrollo de laboratorios bibliotecarios digitales apoyados en infraestructuras de datos abiertas como Wikidata para la descripción enriquecida de ficciones narrativas de todas las épocas de forma colaborativa, para posibilitar proyectos y servicios de descubrimiento de lecturas relacionadas.

Digital Content Consumption Trends in the Website of Singapore's National Information Literacy Programme

2019 ◽  
Vol 8 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Sara Pek ◽  
Damien Wang
Keyword(s):  
Online Learning ◽  
Information Literacy ◽  
Consumption Patterns ◽  
Digital Content ◽  
Literacy Programme ◽  
Content Consumption ◽  
Secondary Objective ◽  
National Information

The objective of this article is to utilise web statistics to analyse the consumption patterns of digital content - such as blog articles, videos, online learning courses, infographics and cheat sheets - found on the official website of Singapore's National Information Literacy Programme, with a view of informing forward planning. The secondary objective would be to gauge the effectiveness of the SURE Facebook page in marketing the content of the SURE portal.

Doing It Now or Later

1999 ◽  
Vol 89 (1) ◽  
pp. 103-124 ◽  
Author(s):  
Ted O'Donoghue ◽  
Matthew Rabin
Keyword(s):  
Self Control ◽  
Control Problems ◽  
Present Bias ◽  
Future Self ◽  
Time Inconsistent

We examine self-control problems—modeled as time-inconsistent, present-biased preferences—in a model where a person must do an activity exactly once. We emphasize two distinctions: Do activities involve immediate costs or immediate rewards, and are people sophisticated or naive about future self-control problems? Naive people procrastinate immediate-cost activities and preproperate—do too soon—immediate-reward activities. Sophistication mitigates procrastination, but exacerbates preproperation. Moreover, with immediate costs, a small present bias can severely harm only naive people, whereas with immediate rewards it can severely harm only sophisticated people. Lessons for savings, addiction, and elsewhere are discussed. (JEL A12, B49, C70, D11, D60, D74, D91, E21)

Kontrolliertes Trinken bei Alkoholkonsumstörungen: Eine systematische Übersicht

2015 ◽  
Vol 61 (3) ◽  
pp. 147-174 ◽  
Author(s):  
Joachim Körkel
Keyword(s):  
Self Control ◽  
Systematische Übersicht

Hintergrund: Verhaltenstherapeutische Behandlungen zum selbstkontrollierten Trinken (KT) wurden in den letzten 50 Jahren vielfältig erforscht. Eine aktuelle Übersicht über den gegenwärtigen Status dieses Ansatzes liegt nicht vor. Fragestellung: Es wird ein systematischer Überblick über die Konzept- und Forschungsgeschichte des KT (Definition, theoretische Wurzeln, Behandlungsmethoden), Wirksamkeit von KT-Behandlung (inkl. Prognosefaktoren) sowie Implementierung von KT in das Behandlungssystem (Akzeptanz und Verbreitung) vorgenommen. Methodik: Gemäß den PRISMA Richtlinien wurde in den Datenbanken PsycINFO, Medline und Psyndex nach psychologischen Behandlungen zum selbstkontrollierten Alkoholkonsum bei Menschen mit klinisch relevanten Alkoholproblemen recherchiert und 676 einschlägige Beiträge identifiziert. Ergebnisse: KT wird als regelgeleitet-planvoller Alkoholkonsum definiert. Seine theoretischen Wurzeln reichen von Lerntheorien bis zur Psychologie der Selbstregulation. In der Behandlung haben Behavioral Self-Control Trainings frühere Methoden (z. B. aversive Konditionierung, Kontingenzmanagement und Reizexposition) abgelöst. Einzel und Gruppenbehandlungen sowie Selbsthilfemanuale zum KT erweisen sich über das gesamte Spektrum des problematischen Alkoholkonsums als kurz- und langfristig wirksam zur Reduktion des Alkoholkonsums und alkoholassoziierter Probleme wie auch zur Förderung des Übergangs zur Abstinenz. Prognostisch bedeutsam sind v. a. der Zielentscheid des Patienten pro KT und seine Zuversicht in die Realisierbarkeit von KT. Akzeptanz und Verbreitung von KT haben in den letzten Jahrzehnten zugenommen und variieren u. a. länderspezifisch. Schlussfolgerungen: Angesichts der Wirksamkeit von KT-Behandlungen sowie gesundheitspolitischer, ethischer, therapeutischer und ökonomischer Überlegungen sollten Reduktionsbehandlungen gleichrangig neben Abstinenzbehandlungen in ein zieloffen ausgerichtetes Behandlungssystem integriert werden.

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