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The relation between behavior under risk and over time
Chakraborty, Anujit; Halevy, Yoram; Saito, Kota - 2019
Persistent link: https://www.econbiz.de/10011992574
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Consume now or later? : time inconsistency, collective choice and revealed preference
Adams, Abi; Cherchye, Laurens; Rock, Bram de; Verriest, … - 2014
In this paper, we develop a revealed preference methodology that allows us to explore whether time inconsistencies in household choice are the product of individual preference nonstationarities or the result of individual heterogeneity and renegotiation within the collective unit. An empirical...
Persistent link: https://www.econbiz.de/10010356826
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Hyperbolic discounting can be good for your health
Strulik, Holger; Trimborn, Timo - 2016
It has been argued that hyperbolic discounting of future gains and losses leads to time-inconsistent behavior and thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption. Here, we challenge this view. We set up a life-cycle...
Persistent link: https://www.econbiz.de/10011576335
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Be patient when measuring Hyperbolic Discounting : stationarity, time consistency and time invariance in a field experiment
Janssens, Wendy; Kramer, Berber; Swart, Lisette - 2015
Most evidence of hyperbolic discounting is based on violations of either stationarity or time consistency as observed in choice experiments. These choice reversals may however also result from time-varying discount rates. Hyperbolic discounting is a plausible explanation for choice reversals...
Persistent link: https://www.econbiz.de/10011307819
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Hyperbolic discounting can be good for your health
Strulik, Holger; Trimborn, Timo - 2018
It has been argued that hyperbolic discounting of future gains and losses leads to time-inconsistent behavior and thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption. Here, we challenge this view. We set up a life-cycle...
Persistent link: https://www.econbiz.de/10011782440
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Persuasion against self-control problems
Wangenheim, Jonas von - 2018
I derive a social planner's optimal information design in an environment with quasi-hyperbolic discounting consumers without commitment. Consumption induces instantaneous utility, but unknown delayed cost. Consumers may or may not acquire additional costless information on the cost parameter....
Persistent link: https://www.econbiz.de/10011902726
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Goal-setting and self-control
Hsiaw, Alice - 2014
Persistent link: https://www.econbiz.de/10010436818
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Time consistent monetary policy reconsidered : may we have a deflationary bias too?
Rotondi, Zeno - 2000
Persistent link: https://www.econbiz.de/10001467952
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Estimating dynamic discrete choice models with hyperbolic discounting, with an application to mammography decisions
Fang, Hanming; Yang Wang - 2010
Persistent link: https://www.econbiz.de/10008688763
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Gender power, fertility, and family policy
Kemnitz, Alexander; Thum, Marcel - 2012
show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias. -- fertility ; family policy ; household allocation …
Persistent link: https://www.econbiz.de/10009533964