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Subsidizing health-conscious behavior now or later : conference paper
Danilowicz, Kamila; Schwager, Robert - 2013 - Preliminary draft
We examine subsidies for health care when consumers have present-biased preferences, which lead them to underestimate … the effect of today s consumption on future health. We compare immediate subsidies paid for health-conscious consumption … and future subsidies rewarding a good health outcome. We show that, while both policies can implement the first best …
Persistent link: https://www.econbiz.de/10010338397
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Subsidizing Health-Conscious Behavior Now or Later
Danilowicz-Gösele, Kamila; Schwager, Robert - 2016
-conscious consumption and future subsidies rewarding good health outcome. We characterize the subsidy rates which implement the unbiased …In a model where consumers have quasi-hyperbolic preferences, we compare immediate subsidies paid for health … choice. These rates differ because of two countervailing effects: (1) the individual applies quasi-hyperbolic discounting to …
Persistent link: https://www.econbiz.de/10011431271
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The effect of uncertainty on negative discounting
Palenik, Marcin - In: International journal of management and economics 57 (2021) 4, pp. 287-298
show that the assumption of positive discounting is not always true. The presented experimental study shows how a decrease … in probability increases the chances of negative discounting. According to the results, the expected large, uncertain … in the frequency of negative discounting due to increased uncertainty. The results of the study broaden the existing …
Persistent link: https://www.econbiz.de/10012821522
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Chapter 1. Intertemporal choice
Ericson, Keith Marzilli; Laibson, David - 2019
Intertemporal tradeoffs play a key role in many personal decisions and policy questions. We describe models of intertemporal choice, identify empirical regularities in choice, and pose new questions for research. The focus for intertemporal choice research is no longer whether the exponential...
Persistent link: https://www.econbiz.de/10014023383
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Sophisticated and nai͏̈ve procrastination : an experimental study
Cerrone, Claudia; Lades, Leonhard K. - 2017
The model of time-inconsistent procrastination by O'Donoughe and Rabin shows that individuals who are not aware of their present-bias (nai͏̈ve) procrastinate more than individuals who are aware of it (sophisticated) or are not present-biased (time-consistent). This paper tests this prediction....
Persistent link: https://www.econbiz.de/10011648423
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HIV/AIDS, risk aversion and intertemporal choice
Lammers, Judith; Wijnbergen, Sweder van - 2008 - Rev.
This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments …
Persistent link: https://www.econbiz.de/10011373818
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Subsidizing Health-Conscious Behavior Now or Later
Danilowicz-Gösele, Kamila; Schwager, Robert - 2021
-conscious consumption and future subsidies rewarding good health outcome. We characterize the subsidy rates which implement the unbiased …In a model where consumers have quasi-hyperbolic preferences, we compare immediate subsidies paid for health … choice. These rates differ because of two countervailing effects: (1) the individual applies quasi-hyperbolic discounting to …
Persistent link: https://www.econbiz.de/10013315510
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Kantian optimization with quasi-hyperbolic discounting
Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2022
We consider a neoclassical growth model with quasi-hyperbolic discounting under Kantian optimization: each temporal …
Persistent link: https://www.econbiz.de/10013255890
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Hyperbolic discounting can be good for your health
Strulik, Holger; Trimborn, Timo - 2016
It has been argued that hyperbolic discounting of future gains and losses leads to time-inconsistent behavior and … thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption … future hyperbolically and make time-consistent decisions. This allows us to disentangle the role of discounting from the time …
Persistent link: https://www.econbiz.de/10011576335
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Hyperbolic discounting can be good for your health
Strulik, Holger; Trimborn, Timo - 2018
It has been argued that hyperbolic discounting of future gains and losses leads to time-inconsistent behavior and … thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption … future hyperbolically and make time-consistent decisions. This allows us to disentangle the role of discounting from the time …
Persistent link: https://www.econbiz.de/10011782440