Yang, Yang; Shoji, Isao; Kanehiro, Sumei - In: Journal of Behavioral and Experimental Economics … 38 (2009) 3, pp. 534-540
This paper discusses a problem concerning intertemporal decision-making under uncertainty when its subject has psychological biases. Here, we consider an investment company as a decision maker that invests money from investors in a financial asset and pays some dividend every period depending on...