Search Results - subject:"Discount function"

Social discounting and the long rate of interest

Brody, Dorje C.; Hughston, Lane P. - In: Mathematical finance : an international journal of … 28 (2018) 1, pp. 306-334

Persistent link: https://www.econbiz.de/10011969159

Modeling the inconsistency in intertemporal choice : the generalized Weibull discount function and its extension

Cruz Rambaud, Salvador; González Fernández, Isabel; … - In: Annals of finance 14 (2018) 3, pp. 415-426

Persistent link: https://www.econbiz.de/10012019362

Optimal dividend-financing strategies in a dual risk model with time-inconsistent preferences

Chen, Shumin; Wang, Xi; Deng, Yinglu; Zeng, Yan - In: Insurance / Mathematics & economics 67 (2016), pp. 27-37

Persistent link: https://www.econbiz.de/10011457145

A NEW ARGUMENT IN FAVOR OF HYPERBOLIC DISCOUNTING IN VERY LONG TERM PROJECT APPRAISAL

RAMBAUD, SALVADOR CRUZ - In: International Journal of Theoretical and Applied … 17 (2014) 08, pp. 1450049-1

(t) be a discount function supported on [0, +∞[, whose instantaneous discount rate is δ(t) = -(ln A(t))′. In this paper, we …

Persistent link: https://www.econbiz.de/10011106364

Hyperbolic discount curves: a reply to Ainslie

Musau, Andrew - In: Theory and Decision 76 (2014) 1, pp. 9-30

Ainslie (Theory and Decision, 73, 3–34, <CitationRef CitationID="CR4">2012</CitationRef>) challenges our interpretation of the properties of hyperbolic discount curves in an iterated prisoners’ dilemma (IPD) model. In this reply, we discuss the emergence of hyperbolic discount functions in the behavioral economics literature and...</citationref>

Persistent link: https://www.econbiz.de/10010988730

Hyperbolic discount curves : a reply to Ainslie

Musau, Andrew - In: Theory and decision : an international journal for … 76 (2014) 1, pp. 9-30

Persistent link: https://www.econbiz.de/10010344877

A new argument in favor of hyperbolic discounting in very long term project appraisal

Cruz Rambaud, Salvador - In: International journal of theoretical and applied finance 17 (2014) 8, pp. 1-17

Persistent link: https://www.econbiz.de/10010498830

Default times in a continuous time Markov chain economy

Elliott, Robert J.; Hoek, John van der - In: Applied mathematical finance 20 (2013) 5/6, pp. 450-460

Persistent link: https://www.econbiz.de/10010235596

Empirically Effective Bond Pricing Model and Analysis on Term Structures of Implied Interest Rates in Financial Crisis

Kariya, Takeaki; Wang, Jingsui; Wang, Zhu; Doi, Eiichi; … - In: Asia-Pacific Financial Markets 19 (2012) 3, pp. 259-292

-coupon (non-defaultable) bonds of different coupon rates and maturities via a discount function approach, and Kariya and Tsuda … case. In this paper we first clarify the theoretical relation between our stochastic discount function approach and the … mean discount function that depends on maturity and coupon as attributes and a specific covariance structure. It is shown …

Persistent link: https://www.econbiz.de/10010989073

The additive property of the inconsistency degree in intertemporal decision making through the generalization of psychophysical laws

Destefano, Natália; Martinez, Alexandre Souto - In: Physica A: Statistical Mechanics and its Applications 390 (2011) 10, pp. 1763-1772

Intertemporal decision making involves choices among options whose effects occur at different moments. These choices are influenced not only by the effect of reward value perception at different moments, but also by the time perception effect. One of the main difficulties that affect standard...

Persistent link: https://www.econbiz.de/10011064364