preference reversals arecommonly interpreted as contradicting constant discounting. This interpretation is correctonly if … baseline consumption to which the outcomes are added, remains constant over time.The difficulty with measuring discounting when … discounted. In this paper we propose a way to disentangle thetwo effects, which allows us to draw conclusions about discounting …

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 …

Hyperbolic discounting and lack of self-control are different phenomena that share the property of dynamic … these, I argue that hyperbolic discounting is a particular type of dynamically inconsistent time preferences, whereas self …

I derive a social planner's optimal information design in an environment with quasi-hyperbolic discounting consumers …