... exactly one time in a finite period of time, the k-2 sophisticate always procrastinates tasks with immediate costs less than the full sophisticate, and almost always preproperates (does too soon) tasks with immediate rewards less than the full sophisticate. In addition, the k-2 sophisticate is protected...

...Leonardo Becchetti; Nazaria Solferino; Maria Elisabetta Tessitore The choice between performing a task today or procrastinating it until tomorrow or later is the building block of any economic action. In our paper, we aim to enrich the theoretical literature on procrastination by allowing...