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Empirical estimation of consistency parameter in intertemporal choice based on Tsallis’ statistics
Takahashi, Taiki; Oono, Hidemi; Radford, Mark H. B. - 2007
Impulsivity and inconsistency in intertemporal choice have been attracting attention in econophysics and neuroeconomics …, researchers in neuroeconomics and psychopharmacology have usually studied impulsivity in intertemporal choice using a discount …-exponential discounting function in behavioral studies, we experimentally estimated the consistency parameter q in Tsallis’ statistics …
Persistent link: https://www.econbiz.de/10009448386
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Mental time travel and retirement savings
Blake, David; Pickles, John - In: Journal of risk and financial management : JRFM 14 (2021) 12, pp. 1-13
difference reflecting an asymmetry between projection and discounting, and how such a difference might lead to inadequate …
Persistent link: https://www.econbiz.de/10012798695
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Timescale standard to discriminate between hyperbolic and exponential discounting and construction of a nonadditive discounting model
Matsushita, Yutaka - In: Theory and decision : an international journal for … 95 (2023) 1, pp. 33-54
Persistent link: https://www.econbiz.de/10014365180
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Ashes to ashes, time to time : parental time discounting and its role in the intergenerational transmission of smoking
Hübler, Philipp; Kucher, Andreas - 2016
-economic characteristics and also meaningful measures of individual discounting behavior, namely, general patience and impulsivity. This … aims at analyzing parental time discounting and its role in the intergenerational transmission of smoking. The analysis is … probability of the child. Regarding self-control, only father’s impulsivity has a similar decreasing impact. Stratifying the …
Persistent link: https://www.econbiz.de/10011443083
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How time flies!
Chen, Xiu; Zhao, Xiaojian - 2021
Persistent link: https://www.econbiz.de/10012651419
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Mental time travel and retirement savings
Blake, David; Pickles, John - In: Journal of Risk and Financial Management 14 (2021) 12, pp. 1-13
difference reflecting an asymmetry between projection and discounting, and how such a difference might lead to inadequate …
Persistent link: https://www.econbiz.de/10013201264
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A subjective discounted utility model
Lapied, André; Renault, Olivier - In: Economics Bulletin 32 (2012) 2, pp. 1171-1179
Intertemporal choices involve a great heterogeneity among discount mechanisms. In order to catch such diversity, we introduce an axiomatic Subjective Discounted Utility (SDU) model based on separability assumption. The originality of the SDU model rests on the fact that decision makers discount...
Persistent link: https://www.econbiz.de/10011278733
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Many balls in the air make time fly : the effect of multitasking on time perception and time preferences
Hardardottir, Hjördis - 2019 - August 2019, revised September 2019
Persistent link: https://www.econbiz.de/10012111423
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Non-additivity of subjective expectations over different time intervals
Haan, Peter; Sun, Chen; Sunde, Uwe; Weizsäcker, Georg - 2022
We examine the additivity of stock-market expectations over different time intervals. When asked about a ten-year interval, survey respondents expect a stock-price change that is not equal to, but closer to zero than, the sum of their expectations over two shorter time intervals that cover the...
Persistent link: https://www.econbiz.de/10014458819
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Age and perspective : dynamically consistenthyperbolic discounting
Lemoine, Derek - 2015
Persistent link: https://www.econbiz.de/10010527047