Narrow search
Showing 1 - 10 of 802,629
Cover Image
Banking regulation and costless commitment contracts for time-inconsistent agents
Laureti, Carolina; Szafarz, Ariane - In: Economic modelling 129 (2023), pp. 1-16
Persistent link: https://www.econbiz.de/10014472068
Cover Image
Having it both ways : a theory of the banking firm with time-consistent and time-inconsistent depositors
Laureti, Carolina; Szafarz, Ariane - 2014
Persistent link: https://www.econbiz.de/10010358244
Cover Image
Quasi-hyperbolic discounting and the existence of time-inconsistent retirement
Findley, T. Scott; Feigenbaum, James A. - In: Theoretical economics letters 3 (2013) 2, pp. 119-123
Persistent link: https://www.econbiz.de/10010239626
Cover Image
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 self acts in a way that they would like every future self to act. We introduce the notion of a Kantian policy as an outcome of Kantian optimization in a given class of policies. We...
Persistent link: https://www.econbiz.de/10013255890
Cover Image
Chapter 1. Intertemporal choice
Ericson, Keith Marzilli; Laibson, David - 2019
coincide with a preference for commitment or dynamically inconsistent preferences. Present-bias is a special case of present …
Persistent link: https://www.econbiz.de/10014023383
Cover Image
Behavioral macroeconomics and the New Keynesian Model
Menz, Jan-Oliver - 2008
The contribution of this paper is twofold. First, a thorough presentation of the state of the art of the New Keynesian Macroeconomic model is provided. A discussion of its empirical caveats follows and some recent extensions of the standard model are evaluated in more detail. Second, a key...
Persistent link: https://www.econbiz.de/10010425874
Cover Image
Liquidity regulation and financial stability
Li, Yang - In: Macroeconomic dynamics 24 (2020) 5, pp. 1240-1263
Persistent link: https://www.econbiz.de/10012241320
Cover Image
Kantian optimization with quasi-hyperbolic discounting
Borissov, Kirill; Pakhnin, Mikhail; Wendner, Ronald - 2022
Persistent link: https://www.econbiz.de/10013277439
Cover Image
Cross-Period Impatience : Subjective Financial Periods Explain Time-Inconsistent Choices
Jang, Minkwang; Urminsky, Oleg - 2022
Inconsistency in consumer time preferences has been well-established and used to explain seemingly short-sighted behaviors (e.g., failures of self-control). However, prior research has conflated time-inconsistent preferences (discount rates that vary over time) with present bias (greater...
Persistent link: https://www.econbiz.de/10013292570
Cover Image
On the commitment needs of partially naive agents
Liu, Pan; Andersen, Torben M.; Bhattacharya, Joydeep - 2020
Time-inconsistent, present-biased agents may hold commitment assets hoping to keep their current and future present … bias in check. Paternalistic governments, in an effort to help such people, routinely offer commitment machinery such as … commitment assets recognizes a trade-off: while use of commitment technologies thwarts deviation from pre-selected paths, they …
Persistent link: https://www.econbiz.de/10012203129