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This paper argues that observations of non-stationary choice behavior need not necessarily imply specific properties of the individual's discount function. As we show, the observed quot;anomaliesquot; in intertemporal choice can alternatively be explained by an individual's perception of the...
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how smoking behavior including responses to tax hikes depends on time discounting and its biases, such as hyperbolic … discounting and the sign effect. Cigarette consumption displays significantly positive correlations with discount rates and the … discounting ; procrastination ; the sign effect …
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