Showing 1 - 10 of 50,559
We compare different designs that have been used to test for an impact of time horizon on discounting, using real … declining (hyperbolic) discounting, but with other designs find constant or increasing discounting. As a whole, the data are not … consistent with any of these usual candidate discounting assumptions, and they also imply a violation of transitivity. The …
Persistent link: https://www.econbiz.de/10013109751
We compare different designs that have been used to test for an impact of time horizon on discounting, using real … declining (hyperbolic) discounting, but with other designs find constant or increasing discounting. As a whole, the data are not … consistent with any of these usual candidate discounting assumptions, and they also imply a violation of transitivity. The …
Persistent link: https://www.econbiz.de/10013088784
We compare different designs that have been used to test for an impact of time horizon on discounting, using real … declining (hyperbolic) discounting, but with other designs find constant or increasing discounting. As a whole, the data are not … consistent with any of these usual candidate discounting assumptions, and they also imply a violation of transitivity. The …
Persistent link: https://www.econbiz.de/10009503806
We compare different designs that have been used to test for an impact of time horizon on discounting, using real … declining (hyperbolic) discounting, but with other designs find constant or increasing discounting. As a whole, the data are not … consistent with any of these usual candidate discounting assumptions, and they also imply a violation of transitivity. The …
Persistent link: https://www.econbiz.de/10009533429
This research project evaluates the extent of heterogeneity in time discounting among elderly Americans, as well as its … experiment, we show how differences in discounting patterns are associated with characteristics of particular importance in … elderly populations, such as serious health and mental conditions. We then relate our discounting measure to key outcome …
Persistent link: https://www.econbiz.de/10012854861
Hyperbolic discounting and lack of self-control are different phenomena that share the property of dynamic … these, I argue that hyperbolic discounting is a particular type of dynamically inconsistent time preferences, whereas self …
Persistent link: https://www.econbiz.de/10012910183
opportunity. Further, if her time preferences exhibit inter-temporal conflicts between future selves (e.g., hyperbolic discounting …
Persistent link: https://www.econbiz.de/10012118521
Samuelson's discounted utility (constant/exponential discounting) when utility function is linear. DIU has several advantages … over discounted utility (and its generalizations — quasi-hyperbolic and generalized hyperbolic discounting): a) time … for immediate outcomes if the assumption of constant/exponential discounting is relaxed. An application to intertemporal …
Persistent link: https://www.econbiz.de/10013020318
/exponential discounting) when utility function is linear. DIU has several advantages over discounted utility (and its generalizations — quasi …-hyperbolic and generalized hyperbolic discounting): a) time preferences are continuous; b) utility does not increase when a larger …
Persistent link: https://www.econbiz.de/10013054440
Persistent link: https://www.econbiz.de/10010498522