Search Results - subject:"time inconsistency."

Present bias in politics and self-committing treaties

Harstad, Bård; Kessler, Anke S. - 2025

We study how international environmental agreements can take advantage of domestic time-inconsistency problems …

Persistent link: https://www.econbiz.de/10015333264

Addiction in networks

Deroïan, Frédéric; Escudie, Philippine - 2025

Persistent link: https://www.econbiz.de/10015338045

Dynamic volunteer's dilemma with procrastinators

Shi, Yixuan - 2025

Persistent link: https://www.econbiz.de/10015375005

Policy rules and political polarization

Hefeker, Carsten; Neugart, Michael - 2024

We develop a model to analyze policymakers’ incentives to install policy rules, comparing the case of no rule with a binding and a contingent policy rule that allows policymakers to suspend the rule in response to a sufficiently large shock. First, abstracting from political polarization, we...

Persistent link: https://www.econbiz.de/10014507802

Present-biased envy, inequality, and growth

Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2024

We take into account that envy (relative consumption concerns) is more pronounced in the present than in the future. We consider a Ramsey-type model in which agents differ only in their initial capital endowments but are identical in their exogenous parameters. Agents' preferences exhibit...

Persistent link: https://www.econbiz.de/10014528209

Present bias in politics and self-committing treaties

Harstad, Bård; Kessler, Anke S. - 2024

Persistent link: https://www.econbiz.de/10015084171

Do time preferences predict diabetes outcomes? : a combined survey and register-based study

Madsen, Kristoffer Panduro; Kjær, Trine - In: Health economics 33 (2024) 9, pp. 1949-1961

Persistent link: https://www.econbiz.de/10015095057

Eggs when young, chicken when old : time consistency and addiction over the life cycle

Piccoli, Luca; Tiezzi, Silvia - 2023

separately. While our test rejects time inconsistency in the form of present-bias for both population groups, young smokers are … found to discount future utilities much more than adults. From a life-cycle perspective, this is still a form of time … inconsistency, which provides partial empirical support to the T21 law motivation, but also highlights how the quasi …

Persistent link: https://www.econbiz.de/10014326453

Conservation by lending

Harstad, Bård; Storesletten, Kjetil - 2023

This project analyzes how a principal can motivate an agent to conserve rather than exploit a depletable resource. This dynamic problem is relevant for tropical deforestation as well as for other environmental problems. It is shown that the smaller is the agent's discount factor (e.g., because...

Persistent link: https://www.econbiz.de/10014307153

Capital investment, business behaviour, and the macroeconomy

Baddeley, Michelle - In: The economic and labour relations review : ELRR 34 (2023) 1, pp. 35-50

Persistent link: https://www.econbiz.de/10014308692