Showing 1 - 10 of 29
Persistent link: https://www.econbiz.de/10003873533
Persistent link: https://www.econbiz.de/10009488982
Persistent link: https://www.econbiz.de/10014291708
This thesis consists of three essays focusing on time inconsistency in a game theoretic framework.The first essay studies an equilibrium concept for both one and two player extensive form games. The equilibrium concept, by construction, embraces different bounded rationality approaches in one...
Persistent link: https://www.econbiz.de/10009450148
Persistent link: https://www.econbiz.de/10011562558
This paper studies an alternating-offers bargaining game between a time-consistent and a time-inconsistent player who processes information on own preference type imperfectly that flows during the course of the game. The time-inconsistency is modeled by quasi-hyperbolic discounting and the...
Persistent link: https://www.econbiz.de/10012723458
In the first part of this paper, we elicit time preferences by using the experimental and econometric methods of Benhabib-Bisin-Schotter (2006). We follow the matching task procedure on money-time pairs with real rewards. Among the model specifications we use, the one with exponential...
Persistent link: https://www.econbiz.de/10012724626
Persistent link: https://www.econbiz.de/10012240930
Persistent link: https://www.econbiz.de/10011694338
How deep our reasoning and strategic thinking is and how strategic we think are crucial in making financial investment decisions because we need to guess how other people will behave. This paper studies Guessing Game (Beauty contest game) that helps us understand how people make decisions in...
Persistent link: https://www.econbiz.de/10010905904