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A Subjective Model of Temporal Preferences

linear hidden action preferences exhibiting a preference for late resolution of uncertainty. The costly contemplation model (Ergin and Sarver (2008a)), as well as a generalization of the Kreps and Porteus (1978) model that allows for preference for flexibility in the sense of DLR (2001) are also characterized.
Year of publication:
2009
Authors: Sarver, Todd ; Ergin, Haluk
Institutions: Society for Economic Dynamics - SED
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series 2009 SED Meeting Papers Number 1183
Source:
Persistent link: https://www.econbiz.de/10011080281
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