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Weighted temporal utility
Gerber, Anke; Rohde, Kirsten I. M. - 2013
model generalizes many well known utility functions for intertemporal decision making under risk. A decision maker with a …
Persistent link: https://www.econbiz.de/10010224796
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Resource conservation across generations in a Ramsey-Chichilnisky model
Asheim, Geir B.; Ekeland, Ivar - 2015 - This version October 13, 2015
The Chichilnisky criterion is an explicit social welfare function that satisfies compelling conditions of intergenerational equity. However, it is time inconsistent and has no optimal solution in the Ramsey model. By investigating stationary Markov equilibria in the game that generations with...
Persistent link: https://www.econbiz.de/10011373321
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Time consistency and risk averse dynamic decision models : definition, interpretation and practical consequences
Rudloff, Birgit; Street, Alexandre; Valladão, Davi M. - In: European journal of operational research : EJOR 234 (2014) 3, pp. 743-750
Persistent link: https://www.econbiz.de/10010360424
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When and how? : behavioral challenges to the retirement decision
Schreiber, Philipp - 2014
Persistent link: https://www.econbiz.de/10010457206
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A note on the welfare of a sophisticated time-inconsistent decision-maker
Kodritsch, Sebastian - 2015
general decision problems with perfect information, I establish two results: first, for finite-horizon problems without … indifference, essential consistency (Hammond [1976]) is sufficient for choice to be Pareto-optimal. Second, if the decision problem …
Persistent link: https://www.econbiz.de/10010478990
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Dynamic consistency in extensive form decision problems
Dimitri, Nicola - In: Theory and decision : an international journal for … 66 (2009) 4, pp. 345-354
Persistent link: https://www.econbiz.de/10009517606
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Resource conservation across generations in a Ramsey-Chichilnisky model
Asheim, Geir B.; Ekeland, Ivar - In: Economic theory : official journal of the Society for … 61 (2016) 4, pp. 611-639
Persistent link: https://www.econbiz.de/10011479520
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Some comments on time-inconsistency in a game with absentmindedness
Dimitri, Nicola - 1999
Persistent link: https://www.econbiz.de/10001470210
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The forgetful passenger
Aumann, Robert J. - In: Games and economic behavior 20 (1997) 1, pp. 117-120
Persistent link: https://www.econbiz.de/10001336612
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The absent-minded driver
Aumann, Robert J. - In: Games and economic behavior 20 (1997) 1, pp. 102-116
Persistent link: https://www.econbiz.de/10001336613