Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2022
We consider a neoclassical growth model with quasi-hyperbolic discounting under Kantian optimization: each temporal … self acts in a way that they would like every future self to act. We introduce the notion of a Kantian policy as an outcome … of Kantian optimization in a given class of policies. We derive and characterize a Kantian policy in the class of …