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114: Commitment Devices

Time and Attention

CHAPTER

Using Commitment Devices to Bridge the Gap between Intentions and Actions

The chapter discusses the concept of commitment devices and how they can help individuals achieve their goals. It explains that commitment devices are financial contracts that people make with their future selves, in which they set up consequences for not following through with their intentions. The speakers give examples of different commitment devices and emphasize their usefulness in bridging the gap between intentions and actions.

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