Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2022
. We show that generically quasi-hyperbolic discounting matters for saving behavior: sliding equilibrium under perfect …We study the role of expectations of naive agents in a general equilibrium version of the Ramsey model with quasi-hyperbolic … discounting. When agents recognize others' naivete, as strongly suggested by empirical evidence, they revise consumption paths …