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Impulsivity and inconsistency in intertemporal choice (discounting) have drawn attention in econophysics and neuroeconomics. Although it is well established that most people often show irrational discounting (e.g., hyperbolic discounting), little is known regarding whether the irrationality is...
Persistent link: https://www.econbiz.de/10011058427
Intertemporal choice has drawn attention in econophysics and neuroeconomics. Both impulsivity and inconsistency in intertemporal choice can be parametrized with a Tsallis’s statistics-based q-exponential discount model. Although a recent neuroeconomic study has proposed a dual-self discounting...
Persistent link: https://www.econbiz.de/10011060785
Persistent link: https://www.econbiz.de/10012009660