This paper is concerned with real valued set functions defined on the set of Borel sets of a locally compact σ-compact topological space Ω. The first part characterizes the strong and weak impatience in the context of discrete and continuous time flows of income (consumption) valued through a...

A main goal of this paper is to try to clarify the notions of impatience and myopia, often considered as synonymous in the literature. The occurrence of asset price bubbles (see Araujo et al., 2011) when only myopia is required, explains why we focused on a stronger notion that we define as...

This paper is concerned with real valued set functions defined on the set of Borel sets of a locally compact ?-compact topological space ?. The first part characterizes the strong and weak impatience in the context of discrete and continuous time flows of income (consumption) valued through a...