Showing 1 - 10 of 14,907
decision errors can explain or be highly correlated with hyperbolic discounting and non-linear (inverse-S-shaped) probability … weighting. We find evidence that decision errors are strongly correlated with hyperbolic discounting but do not find that …
Persistent link: https://www.econbiz.de/10014581476
Persistent link: https://www.econbiz.de/10012130536
Economics and the Future tackles the discounting issue from a number of angles, ranging from relatively short … discounting in theory and practice. It reveals that the economic issues regarding time are embedded in a broader social, ethical …1. Time and discounting in economic decision making / David J. Pannell and Steven G.M. Schilizzi -- 2. Investigating …
Persistent link: https://www.econbiz.de/10011851501
Persistent link: https://www.econbiz.de/10003255215
Persistent link: https://www.econbiz.de/10010527047
, quasi-hyperbolic discounting as well as subjective failure probability over future payments. We investigate the predictive …
Persistent link: https://www.econbiz.de/10011580855
Numerous studies have investigated how people resolve intertemporal trade-offs in individual decision making, but little is known about how the timing of costs and benefits affects behavior in strategic decision situations. Here, we experimentally study how delayed costs and/or benefits affect...
Persistent link: https://www.econbiz.de/10011906687
is characterized by envy-guilt asymmetry in discounting with respect to future generations' utility: Higher utility than …
Persistent link: https://www.econbiz.de/10014475252
effects, these results can be solely attributed to present-biased discounting under the pay-later scheme. These results imply …
Persistent link: https://www.econbiz.de/10012390729
effects, these results can be solely attributed to present-biased discounting under the pay-later scheme. These results imply …
Persistent link: https://www.econbiz.de/10012312873