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Title
The myopia problem and remedies for short-sighted (mis)behavior / submitted by Hannah Hebesberger
AuthorHebesberger, Hannah
CensorFrimmel, Wolfgang
PublishedLinz, 2017
DescriptionV, 86 Blätter
Institutional NoteUniversität Linz, Masterarbeit, 2017
LanguageEnglish
Document typeMaster Thesis
Keywords (GND)Volkswirtschaftslehre / Handlung / Umweltfaktor / Präfaktisches Denken / Kurzsichtigkeit
URNurn:nbn:at:at-ubl:1-17810 Persistent Identifier (URN)
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 The work is publicly available
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The myopia problem and remedies for short-sighted (mis)behavior [1.17 mb]
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Abstract (English)

This piece of work elaborates in the form of a literature study on the issue of human myopia which essentially contradicts standard economics presumption of peoples unbounded rational behavior. In fact, individuals often diverge from what would be rational and do act contrary to their general long-term welfare, making short-sighted decisions instead. Frequently such decisions entail considerable costs in the long run. In the course of this thesis, different causes of myopic behavior are identified and corresponding examples involving rather severe consequences provided. Moreover, several remedial approaches are investigated which could help to correct myopic actions of individuals, but the focus lies on the importance of the myopia problem itself. Thus, in terms of remedies, starting points and possible solutions are offered as suggestions rather than fully evaluated and guaranteed recipes for success.

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