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How students leverage self-delusion to beat procrastination: Our new field study shows that university students strategically inflate their believed returns to effort by 20% as exams approach, proving that biased beliefs function as an instrumental tool for self-control.
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Bönisch, König, Schweighofer-Kodritsch & Weizsäcker "Beliefs as a means of self-control? Evidence from a dynamic student survey" Journal of Economic Dynamics & Control 184 (2026)
Strategic Self-Delusion: How Students Manage Beliefs to Overcome Present Bias
CRC Rationality & Competition