Railroad discounting

Spatial perspective implies a hyperbolic spatial discount rate. To the extent that discounting with respect to space and to time are analogous, this result provides further evidence that hyperbolic discounting is a good description of how we view the world.

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Year of publication:	2015
Authors:	Karp, Larry
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 126.2015, C, p. 87-90
Publisher:	Elsevier
Subject:	Discounting \| Time perspective \| Hyperbolic discounting

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Type of publication:	Article
Classification:	D90 - Intertemporal Choice and Growth. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011189512