commitment problem
2 episodes mention this concept
- MIT Open EconomyApr 5, 2023
Investing in Human Capital: The Neoclassical Barro-Becker Model and its Implications
EconomicsHuman Capital InvestmentNeoclassical EconomicsBarro-Becker ModelCredit Constraints 
lexfridmanApr 3, 2022Chris Blattman on Why We Fight: The Roots of War and Paths to Peace
GeopoliticsProlonged violent struggleGame theoryStrategic incentivesCommitment problems
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Related concepts
Concepts that appear alongside commitment problem across episodes.
- marginal cost of education
- steady state
- discount rate
- material consumption
- marginal return to education
- convexity/non-convexity
- human capital investment
- contracting problem
- utility functions
- progressive income taxation
- production technology (human capital)
- symbolic consumption
- labor market returns to education
- euler equation
- intergenerational linkages
- barro-becker model
- neoclassical economics
- credit constraints
- persistence of poverty
- hyperbolic discounting