Rohde, Kirsten I.M. - In: Journal of Economic Psychology 30 (2009) 6, pp. 831-839
Prelec (2004) showed that the Arrow-Pratt degree of convexity of the logarithm of the discount function can serve as a measure of decreasing impatience and of the corresponding time-inconsistency. In decision under risk and uncertainty the convexity of the utility function itself, not of its...