Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Warning: Cannot modify header information - headers already sent by (output started at /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php:6131) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/feed-rss2-comments.php on line 8
Comments on: Precommitment – the dressing down edition http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/ The Visible Hand in Economics Sun, 07 Sep 2008 22:07:40 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2394 Sun, 07 Sep 2008 22:07:40 +0000 http://tvhe.wordpress.com/?p=1060#comment-2394 Glad to see a lot of comments here.

I am sad to say that my plan failed. Although I managed to avoid town, I forgot about one potential state, the “drinking at parties at random peoples houses” state.

As a result, my productivity on Saturday was significantly below what I had estimated earlier 🙁

And for those who were wondering how casual I was dressed – trackpants and a hoody. I can’t imagine that many places outside of the four kings would let me in wearing trackpants 🙂

]]>
By: goonix http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2388 Fri, 05 Sep 2008 23:20:42 +0000 http://tvhe.wordpress.com/?p=1060#comment-2388 I can now see the benefit of pre-commitment.

]]>
By: Richard http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2392 Fri, 05 Sep 2008 22:25:02 +0000 http://tvhe.wordpress.com/?p=1060#comment-2392 I would have commented on this last night but had to go to the pub. My head hurts.

]]>
By: billbennettnz http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2393 Fri, 05 Sep 2008 21:46:41 +0000 http://tvhe.wordpress.com/?p=1060#comment-2393 Hey, I’m a journalist. We often have to drink before getting to first base on productivity.

But seriously, well slightly more seriously, there’s almost certainly a productivity boost from going off-line and relaxing for a few hours. And there’s nothing wrong with making the science a little less dismal every so often.

Remember, the French work almost half the number of hours that Americans do, and yet their productivity isn’t far behind.

]]>
By: El Yobo http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2387 Fri, 05 Sep 2008 15:26:04 +0000 http://tvhe.wordpress.com/?p=1060#comment-2387 Damn, it sounds like bars in Welly have got worse… How casual are we talking here? Jandals, shorts and a singlet?

]]>
By: Eric Crampton http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2380 Fri, 05 Sep 2008 10:41:11 +0000 http://tvhe.wordpress.com/?p=1060#comment-2380 I’ve heard rumours of the existence of an economic paper entitled the Quantity Theory of Drink which proves the existence of the Piss Point…

]]>
By: rauparaha http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2379 Fri, 05 Sep 2008 09:27:21 +0000 http://tvhe.wordpress.com/?p=1060#comment-2379 “In my prior state, before the drinking, I have run the numbers and decided that the benefit from being productive tomorrow is enough”

Of course, welfare maximisation in the face of time consistency requires a reference frame to be chosen. Are you sure that choosing now as you rframe of reference is ideal? Perhaps, as Kimble suggests, tomorrow morning is a more appropriate fame of reference and you should really be getting drunk now.

Or perhaps you should value your weekend free time more than your weekday and thus weight your emotions tomorrow morning, and while drunk, more heavily. I’m just not sure that your calculations — presumably done while sober — were done in the right frame of mind, or the right reference frame.

]]>
By: Rosie http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2386 Fri, 05 Sep 2008 05:10:46 +0000 http://tvhe.wordpress.com/?p=1060#comment-2386 hehehe as soon as I wrote that I knew you’d bring that up haha true, true….:P

]]>
By: Matt Nolan http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2385 Fri, 05 Sep 2008 04:55:56 +0000 http://tvhe.wordpress.com/?p=1060#comment-2385 “So any benefit you gain by staying in will need to be 10 times (conservatively) better than the emotional pain you feel from not going out tonight after taking into account the emotional inflator.”

In my prior state, before the drinking, I have run the numbers and decided that the benefit from being productive tomorrow is enough 😛

“but you know I’ve been thinking.. with the drinking, you could just control yourself..hehehe”

Excuse me Rosie, weren’t you the one that convinced me of the following precommitment issues in food:

http://tvhe.wordpress.com/2008/07/15/the-individual-rationality-of-buying-small-cokeschippies/

I think it is just as relevant for boozing 😛

]]>
By: Rosie http://www.tvhe.co.nz/2008/09/05/precommitment-the-dressing-down-edition/#comment-2391 Fri, 05 Sep 2008 04:49:40 +0000 http://tvhe.wordpress.com/?p=1060#comment-2391 haha your a sarci biatch matt… and I love it:P

but you know I’ve been thinking.. with the drinking, you could just control yourself..hehehe

]]>