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Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality - such as the Big Five and locus...
Persistent link: https://www.econbiz.de/10009522305
Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality - such as the Big Five and locus...
Persistent link: https://www.econbiz.de/10009535776
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I offer a selective review of discounting and climate policy. Analytic and numerical models show that different …, affects the role of discounting. I argue that the assertion that the risk of catastrophic damage overwhelms discounting is … unfounded. I show that the claim that we "view the world in perspectiveʺ implies hyperbolic rather than constant discounting …
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