Commitment Devices: Making Good Choices Easier
Make promises to your future self that are hard to break.
Commitment devices are tools that constrain future choices to align with present values. They make breaking promises to yourself difficult.
Binding Your Future
We know our future selves may not share current values. Commitment devices create costs for breaking promises, making alignment more likely.
Tie your future hands. Make promises hard to break.
Commitment Devices
- Financial stakes: Put money on the line
- Public commitments: Social costs for breaking
- Automation: Remove choice entirely
- Accountability partners: Someone checks on you
Make promises to yourself that are hard to break.
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