Commitment devices are:
A) mechanisms that allow people to voluntarily restrict their choices in order to make it easier to stick to plans.
B) socially institutionalized practices that signal a particular commitment has been made by a person.
C) policies that force participants to choose their future commitments.
D) None of these statements is true.

Question

Quizplus · Accepted Answer

Commitment devices are mechanisms that individuals use to voluntarily constrain their choices and actions in order to achieve a desired outcome or goal. These devices can take many forms, including financial incentives, deadlines, social support, or technology-based solutions, such as apps or websites that limit access to distracting content. The goal of commitment devices is to help individuals overcome procrastination, impulsiveness, and other self-control problems, by precommitting to a course of action that aligns with their long-term interests.

Commitment Devices Are