We address intertemporal utility maximization under a general discount function that nests the exponential discounting … and the quasi-hyperbolic discounting cases as particular specifications. Under the suggested framework, the representative … discounting framework is used to approach a standard optimal growth model in discrete time. Transitional dynamics and stability …

one of the literature, appears to bring important new insights to the consumer theory, and to lead reasonably to the …

presumably the sole one of the literature, appears to bring important new insights to the consumer theory, and to lead reasonably …