Econometrica: Sep 2012, Volume 80, Issue 5

Perfectionism and Choice

https://doi.org/10.3982/ECTA8941
p. 1819-1843

Igor Kopylov

Empirical evidence suggests that perfectionism can affect choice behavior. When striving for perfection, a person can desire to keep normatively appealing options feasible even if she persistently fails to use these options later. For instance, she can “pay not to go to the gym,” as in DellaVigna and Malmendier (2006). By contrast, some perfectionists may avoid normatively important tasks for fear of negative self‐evaluation of their performance.

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