Combining our “wants”and “shoulds” into temptation bundling, we wind up with a commitment device that helps us keep our New Year’s resolutions.
Weekly Roundup: From Slicing Bread to Saving Honeybees
Our everyday economics includes behavioral economics, commitment devices, environment, supply, regulation, free trade, gender issues and the minimum wage.
The Best and Worst Ways to Stop Smoking
Expensive for employers and society, smoking is a habit that requires cleverly designed commitment devices for successfully getting people to quit.
How Temptation Bundling Can Help You Exercise More
Because cost and benefit analysis shows that temptation bundling for gym attendance encourages healthier behaviors, the approach can be used elsewhere.