He theorized that limiting one's options ahead of time was a way to achieve better ends, an idea known as precommitment.
He theorized that limiting one's options ahead of time was a way to achieve better ends, an idea known as precommitment. His attempts to quit smoking led to related work on addiction, arguing that self control is a more valuable determinant of happiness than wealth. In a 1997 Foreign Affairs article, he argued that the costs of fighting global warming were overestimated, while in papers like "The Mind as Consuming Organ", he pioneered behavioral economics. He is also known for his model of segregation, which showed that a neighborhood can be segregated even if no individuals prefer it. His best known work, however, was in the paradox of nuclear deterrence and his game theoretic book, The Strategy of Conflict. FTP, identify this Harvard economist, winner of the 2005 Nobel Prize in economics.
He theorized that limiting one's options ahead of time was a way to achieve better ends, an idea known as precommitment.
Thomas {Schelling}