【题 目】Far-sighted Preference, Intention-behavior Gap and Self-regulation
People do not always do what they intend to do. This paper proposes an axiomatic characterization for a far-sighted preference to explain the willingness to achieve long-term goal and the intention-behavior gap. The agent does not discount the pleasure from goal achievement but discount the future cost as usual. This imbalanced discounting causes intention-behavior gap. A far-sighted agent intends to let the future-selves (doers) to take more responsibility because their consumption cost is less important due to discounting. However, their behavior is habitual and automatically triggered by situational cues. Self-regulation problem is discussed as an alternative theory of myopia preference. The longer the goal set, the more willpower is needed to achieve it. Furthermore, the (perfect liquid) prepaid asset such as green bond is able to bridge the gap.