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dc.contributor.authorJamison, Julianen_US
dc.contributor.authorWegener, Jonen_US
dc.date.accessioned2010-01-05en_US
dc.date.accessioned2012-02-23T07:59:44Z-
dc.date.available2012-02-23T07:59:44Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/55557-
dc.description.abstractWe propose that individuals consider future versions of themselves to truly be separate persons, not simply as a convenient modeling device but in terms of actual brain systems and decision]making processes. Intertemporal choices are thus quite literally strategic interactions between multiple agents. Previous neuroscientific studies have found evidence that systems involved with Theory of Mind (that is, mentalizing other agents) are similar to those involved with prospection (imagining oneself in the future). We provide a conceptual framework for this work and suggest that, instead of prospection, a more analogous future task is one that concerns intertemporal choice and time preferences, since these involve implicit prediction of future actions. Recent functional imaging studies appear to confirm such a link. Additional studies.behavioral, clinical, and neuroimaging.are proposed in order to confirm the specific nature of the correspondence and to elucidate the underlying mechanisms. Finally, given that society may have a vested interest in promoting the welfare of future selves, we discuss possible policy implications of departing from the standard framework in which individuals act in their own best interests as defined over the entire lifetime.en_US
dc.language.isoengen_US
dc.publisherFederal Reserve Bank of Boston Boston, MAen_US
dc.relation.ispartofseriesWorking paper series // Federal Reserve Bank of Boston 09-17en_US
dc.subject.jelD90en_US
dc.subject.jelD87en_US
dc.subject.jelD62en_US
dc.subject.jelD03en_US
dc.subject.ddc330en_US
dc.subject.keywordintertemporal choiceen_US
dc.subject.keywordtheory of minden_US
dc.subject.keywordmentalizingen_US
dc.subject.keywordintrapersonal gamesen_US
dc.subject.keywordneuroeconomicsen_US
dc.subject.stwVerhaltensökonomiken_US
dc.subject.stwZeitpräferenzen_US
dc.subject.stwNeuroökonomieen_US
dc.subject.stwTheorieen_US
dc.titleMultiple selves in intertemporal choiceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn615796672en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
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