Gowdy, John; Rosser, J. Barkley; Roy, Loraine - In: Journal of Economic Behavior & Organization 90 (2013) S, pp. 94-94
We explore the standard expected utility model and alternatives to it. We then examine the behavioral and neurological evidence for hyperbolic discounting. We discuss evidence related to the neurological and behavioral evolution of discounting in non-human animals and in humans. We explore new...