Thinking Ahead: The Decision Problem
提出一个基于时间成本的决策模型,让决策者在状态实现前提前思考未来决策,以解释人们为何通常不会制定完整的行动计划,而是优先思考重要问题。
We propose a model of costly decision-making based on time-costs of deliberating current and future decisions. We model an individual decision maker's thinking process as a thought-experiment that takes time and let the decision maker "think ahead" about future decision problems in yet unrealized states of nature. By formulating an intertemporal, state-contingent, planning problem, which may involve costly deliberation in every state of nature, and by letting the decision-maker deliberate ahead of the realization of a state, we attempt to capture the basic observation that individuals generally do not think through a complete action-plan. Instead, individuals prioritize their thinking and leave deliberations on less important decisions to the time or event when they arise.