{"id":"https://openalex.org/W2906599668","doi":"https://doi.org/10.24147/2222-8772.2018.2.73-78","title":"Economics of Commitment: Why Giving Away Some Freedom Makes Sense","display_name":"Economics of Commitment: Why Giving Away Some Freedom Makes Sense","publication_year":2018,"publication_date":"2018-01-01","ids":{"openalex":"https://openalex.org/W2906599668","doi":"https://doi.org/10.24147/2222-8772.2018.2.73-78","mag":"2906599668"},"language":"en","primary_location":{"id":"doi:10.24147/2222-8772.2018.2.73-78","doi":"https://doi.org/10.24147/2222-8772.2018.2.73-78","is_oa":false,"landing_page_url":"http://doi.org/10.24147/2222-8772.2018.2.73-78","pdf_url":null,"source":{"id":"https://openalex.org/S4210219417","display_name":"Matemati\u010deskie struktury i modelirovanie","issn_l":"2222-8772","issn":["2222-8772","2222-8799"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310312658","host_organization_name":"Omsk State University","host_organization_lineage":["https://openalex.org/P4310312658"],"host_organization_lineage_names":["Omsk State University"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical structures and modeling","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=2226&context=cs_techrep","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5061275811","display_name":"\u0412\u043b\u0430\u0434\u0438\u043a \u041a\u0440\u0435\u0439\u043d\u043e\u0432\u0438\u0447","orcid":"https://orcid.org/0000-0002-1244-1650","observed_orcids":["https://orcid.org/0000-0002-1244-1650"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"V. Kreinovich","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5075920182","display_name":"Olga M. Kosheleva","orcid":"https://orcid.org/0000-0003-2587-4209","observed_orcids":["https://orcid.org/0000-0003-2587-4209","https://orcid.org/0009-0001-5195-917X"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"O. Kosheleva","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5007050328","display_name":"Mahdokht Afravi","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"M. Afravi","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5012143355","display_name":"Gabriela Mej\u00eda Bejarano","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"G. Bejarano","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5066426355","display_name":"Moriel Chacon","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"M. Chacon","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.14901257,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":"2","first_page":"73","last_page":"78"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.0007999999797903001,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/commitment","display_name":"commitment","score":0.9649999737739563},{"id":"https://openalex.org/keywords/hyperbolic-discounting","display_name":"hyperbolic discounting","score":0.7990000247955322},{"id":"https://openalex.org/keywords/exponential-discounting","display_name":"exponential discounting","score":0.9580000042915344},{"id":"https://openalex.org/keywords/time-preference","display_name":"time preference","score":0.597000002861023},{"id":"https://openalex.org/keywords/decision-making","display_name":"decision-making","score":0.3790000081062317},{"id":"https://openalex.org/keywords/bounded-rationality","display_name":"bounded rationality","score":0.5580000281333923},{"id":"https://openalex.org/keywords/self-control","display_name":"self-control","score":0.35499998927116394}],"concepts":[{"id":"https://openalex.org/C143141573","wikidata":"https://www.wikidata.org/wiki/Q7450971","display_name":"Sense (electronics)","level":2,"score":0.8050177097320557},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.3736698031425476},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.37309056520462036},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.3311471939086914},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.325619637966156},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.12681981921195984},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.24147/2222-8772.2018.2.73-78","doi":"https://doi.org/10.24147/2222-8772.2018.2.73-78","is_oa":false,"landing_page_url":"http://doi.org/10.24147/2222-8772.2018.2.73-78","pdf_url":null,"source":{"id":"https://openalex.org/S4210219417","display_name":"Matemati\u010deskie struktury i modelirovanie","issn_l":"2222-8772","issn":["2222-8772","2222-8799"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310312658","host_organization_name":"Omsk State University","host_organization_lineage":["https://openalex.org/P4310312658"],"host_organization_lineage_names":["Omsk State University"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical structures and modeling","raw_type":"journal-article"},{"id":"pmh:oai:digitalcommons.utep.edu:cs_techrep-2226","doi":null,"is_oa":true,"landing_page_url":"https://digitalcommons.utep.edu/cs_techrep/1249","pdf_url":"https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=2226&context=cs_techrep","source":{"id":"https://openalex.org/S4377196403","display_name":"scholarworks - UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Departmental Technical Reports (CS)","raw_type":"text"},{"id":"pmh:https://cyberleninka.ru/article/n/economics-of-commitment-why-giving-away-some-freedom-makes-sense","doi":null,"is_oa":true,"landing_page_url":"https://cyberleninka.ru/article/n/economics-of-commitment-why-giving-away-some-freedom-makes-sense","pdf_url":"https://cyberleninka.ru/article/n/economics-of-commitment-why-giving-away-some-freedom-makes-sense","source":{"id":"https://openalex.org/S4306401404","display_name":"CyberLeninK (CyberLeninka)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"},{"id":"pmh:oai:scholarworks.utep.edu:cs_techrep-2226","doi":null,"is_oa":false,"landing_page_url":"https://scholarworks.utep.edu/cs_techrep/1249","pdf_url":null,"source":{"id":"https://openalex.org/S4377196403","display_name":"scholarworks - UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Departmental Technical Reports (CS)","raw_type":"text"}],"best_oa_location":{"id":"pmh:oai:digitalcommons.utep.edu:cs_techrep-2226","doi":null,"is_oa":true,"landing_page_url":"https://digitalcommons.utep.edu/cs_techrep/1249","pdf_url":"https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=2226&context=cs_techrep","source":{"id":"https://openalex.org/S4377196403","display_name":"scholarworks - UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Departmental Technical Reports (CS)","raw_type":"text"},"sustainable_development_goals":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G7993546336","display_name":"CREST Phase II: Cyber-ShARE Center of Excellence","funder_award_id":"1242122","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"}],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2906599668.pdf","grobid_xml":"https://content.openalex.org/works/W2906599668.grobid-xml"},"referenced_works_count":6,"referenced_works":["https://openalex.org/W1592377752","https://openalex.org/W1973550127","https://openalex.org/W1985879791","https://openalex.org/W2048416481","https://openalex.org/W2093002938","https://openalex.org/W2759493138"],"related_works":["https://openalex.org/W4389509740","https://openalex.org/W1814586987","https://openalex.org/W7126314576","https://openalex.org/W4388473578","https://openalex.org/W6884766234","https://openalex.org/W2065641321","https://openalex.org/W3125693312","https://openalex.org/W1858398342","https://openalex.org/W2590439773","https://openalex.org/W7046274026"],"abstract_inverted_index":{"In":[0],"general,":[1],"the":[2,7,15,65,76,90],"more":[3,49],"freedom":[4],"we":[5,10,67],"have,":[6],"better":[8,16],"choices":[9],"can":[11],"make,":[12],"and":[13,42,71],"thus,":[14],"possible":[17],"economic":[18,40,58,86],"outcomes.":[19],"However,":[20],"in":[21],"practice,":[22],"people":[23],"often":[24,55,98],"artificially":[25],"restrict":[26],"their":[27,44],"future":[28,69],"options":[29],"by":[30],"making":[31],"a":[32],"commitment.":[33],"At":[34],"first":[35],"glance,":[36],"commitments":[37],"make":[38],"no":[39,85],"sense,":[41,87],"so":[43],"ubiquity":[45],"seems":[46],"puzzling.":[47],"Our":[48],"detailed":[50],"analysis":[51],"shows":[52],"that":[53],"commitment":[54,82,95],"makes":[56,84],"perfect":[57],"sense:":[59],"namely,":[60],"it":[61],"is":[62,96],"related":[63],"to":[64],"way":[66],"take":[68],"gains":[70],"losses":[72],"into":[73],"account.":[74],"With":[75],"traditionally":[77],"assumed":[78],"expo-":[79],"nential":[80],"discounting,":[81,94],"indeed":[83,97],"but":[88],"with":[89],"practically":[91],"observed":[92],"hyperbolic":[93],"economically":[99],"beneficial.":[100]},"counts_by_year":[],"updated_date":"2026-09-27T08:07:27.782135","created_date":"2019-01-01T00:00:00"}