the neoclassical theory that suggests preferences are fixed. Instead, we show that preferences can change. However, we aim …

of the relationship between decision utility, the survival function, and the discounting function, where decision utility … is an alternative to Cumulative Prospect Theory in describing choices under risk (Kontek, 2010). The stretched … exponential function appears to be a simple functional form of the resulting discounting function. Solutions obtained using more …

. Second, the analysis focuses on the use of evolutionary concepts in economic theory. Economic models, which are consistent …

procrastination based on expectations and prospect theory, which differs signficantly from the prevalent model of O’Donoghue and Rabin …

of the theory of Alfred Marshall in a biologicalevolutionary perspective. The reinterpretation of Marshall's theory in a …

polarization, under the conditions in which our theory predicts the absence of polarization. …

are applied to the theory of stochastic optimal growth. Also a discussion of some subtle issues concerning k-local and …