-making is depicted in Ramsey and overlapping-generations models (OLG-models). Afterwards we investigate the utilization of time … adjusted OLG-discounting method of consumption units, taking into consideration intra- and intergenerational aspects. At the …

Der Faktor Zeit spielt in der ökonomischen Theorie eine wichtige Rolle - intertemporale Entscheidungen sind in allen …The so-called discounted-utility-model (DU-model) is the gold-standard of economic theory: confronted with … different sources at different rates, they have a preference for increasing consumption profiles and they show time …