If people demand a self-commitment device, it must be Pareto self-improving; otherwise it would not be demanded

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If people demand a self-commitment device, it must be Pareto self-improving; otherwise it would not be demanded by utility-maximizing economic agents.

Indicate whether each statement is true or false, and justify your answer.

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Health Economics

ISBN: 9781137029966

1st Edition

Authors: Jay Bhattacharya, Timothy Hyde, Peter Tu

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Question Posted: Dec 19, 2023 01:55 AM

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If people demand a self-commitment device, it must be Pareto self-improving; otherwise it would not be demanded

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