This confirms that, like the case of the icy bucket, students overestimate their ability to fight off tiredness unless they're actually experiencing it, and this affects how they plan their studying.
What amazes me in all these studies is that they show how little we learn from our own experience. A lot of people always study in the last days prior to an exam. The problem is, they repeat this same behaviour year after year. Our decisions are much more affected by our momentary feelings than by data, including our past experience.
EDIT:
People often lack the discipline to adhere to a superior strategy that doesn't "feel" right. Reasoning in a way that sometimes "feels" wrong takes discipline.
-- Michael Bishop, Epistemology and the psychology of human judgement
A lot of people always study in the last days prior to an exam.
I was one of them. It worked for me, and I don't see why I should have done it differently.
Ed Yong over at Not Exactly Rocket Science has an article on a study demonstrating "restraint bias" (reference), which seems like an important thing to be aware of in fighting akrasia:
People who think they are more restrained are more likely to succumb to temptation
Thus, not only do people overestimate their abilities to carry out non-immediate plans (far-mode thinking, like in planning fallacy), but also the more confident ones turn out to be least able. This might have something to do with how public commitment may be counterproductive: once you've effectively signaled your intentions, the pressure to actually implement them fades away. Once you believe yourself to have asserted self-image of a person with good self-control, maintaining the actual self-control loses priority.
See also: Akrasia, Planning fallacy, Near/far thinking.
Related to: Image vs. Impact: Can public commitment be counterproductive for achievement?