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Hyperbolic discounting and time inconsistency in a native-exotic species conflict
Settle, Chad; Shogren, Jason F. - In: Resource and energy economics 26 (2004) 2, pp. 255-274
Persistent link: https://www.econbiz.de/10002032699
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Non-constant discounting in continuous time
Karp, Larry S. (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001946215
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Discounting the distant future : an experimental investigation
Grijalva, Therese C.; Lusk, Jayson L.; Shaw, William D. - In: Environmental & resource economics : the official … 59 (2014) 1, pp. 39-63
Persistent link: https://www.econbiz.de/10010442956
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Heterogeneous Discounting in Consumption-Investment Problems : Time-Consistent Solutions
de Paz, Albert - 2012
In this paper we analyze a stochastic continuous time model in finite horizon in which the agent discounts the instantaneous utility function and the final function at constant but different instantaneous discount rates of time preference. Within this context we can model problems in which, when...
Persistent link: https://www.econbiz.de/10013113639
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Quasi-Hyperbolic Discounting and the Existence of Time-Inconsistent Retirement
Findley, T. Scott - 2013
, and vice versa. Yet, the established literature on hyperbolic discounting and life-cycle saving behavior has for the most …
Persistent link: https://www.econbiz.de/10013082241
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Hyperbolical Discounting and Endogenous Growth
Strulik, Holger - 2013
discounting provides the same present value of a constant infinite income stream as standard exponential discounting, then the … equilibrium rate of economic growth is also the same under both discounting methods. In this sense present-bias and the entailed …
Persistent link: https://www.econbiz.de/10013072971
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Hyperbolic Discounting is Rational : Valuing the Far Future with Uncertain Discount Rates
Farmer, J. Doyne - 2009
Conventional economics supposes that agents value the present vs. the future using an exponential discounting function … discounting can become rational and exponential discounting irrational. This has important implications for environmental …
Persistent link: https://www.econbiz.de/10013157111
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Hyperbolic Discounting Is Not Lack of Self-Control
Jimenez-Gomez, David - 2018
Hyperbolic discounting and lack of self-control are different phenomena that share the property of dynamic … these, I argue that hyperbolic discounting is a particular type of dynamically inconsistent time preferences, whereas self …
Persistent link: https://www.econbiz.de/10012910183
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Quasi-Hyperbolic Discounting under Recursive Utility and Consumption-Investment Decisions
Shigeta, Yuki - 2020
This paper examines an Epstein-Zin recursive utility with quasi-hyperbolic discounting in continuous time. I directly …
Persistent link: https://www.econbiz.de/10012825712
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Uncertainty Under Hyperbolic Discounting : The Cost of Untying Your Hands
Alcocer, Christian - 2019
Persistent link: https://www.econbiz.de/10012858166