Pan, Jinrui; Webb, Craig S.; Zank, Horst - In: Games and Economic Behavior 89 (2015) C, pp. 43-55
Two-Stage Exponential (TSE) discounting, the model developed here, generalises exponential discounting in a parsimonious way. It can be seen as an extension of Quasi-Hyperbolic discounting to continuous time. A TSE discounter has a constant rate of time preference before and after some threshold...
