Lifecycle consumption and welfare with nonexponential discounting in continuous time
Year of publication: |
2023
|
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Authors: | Feigenbaum, James Allen ; Raei, Sepideh |
Published in: |
Journal of mathematical economics. - Amsterdam [u.a.] : Elsevier, ISSN 0304-4068, ZDB-ID 217625-7. - Vol. 107.2023, p. 1-21
|
Subject: | Present bias | Consumption and saving | Time-inconsistent preferences | Commitment mechanism | Lifecycle model | Welfare comparison | Sparen | Savings | Lebenszyklus | Life cycle | Intertemporale Entscheidung | Intertemporal choice | Zeitkonsistenz | Time consistency | Privater Konsum | Private consumption | Konsumtheorie | Consumption theory | Konsumentenverhalten | Consumer behaviour | Diskontierung | Discounting | Wohlfahrtsanalyse | Welfare analysis |
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