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Persistent link: https://www.econbiz.de/10011290531
theory. This paper develops a theory of optimal pay timing when workers make time-inconsistent savings and borrowing …
Persistent link: https://www.econbiz.de/10013115521
When subjects interact in continuous time, their ability to cooperate may dramatically increase. In an experiment, we … study the impact of different time horizons on cooperation in (quasi) continuous time prisoner's dilemmas. We find that …
Persistent link: https://www.econbiz.de/10013118363
of Becker's theory to model preferences over continuous time blocks. To examine whether the predictions of the model are …Most activities in life require a certain amount of continuous time. Yet, in the traditional economic model of time … allocation, the time block is not taken into account. Hence, the same amount of utility is derived from an activity regardless of …
Persistent link: https://www.econbiz.de/10013099783
We compare different designs that have been used to test for an impact of time horizon on discounting, using real …
Persistent link: https://www.econbiz.de/10013088784
When subjects interact in continuous time, their ability to cooperate may dramatically increase. In an experiment, we … study the impact of different time horizons on cooperation in (quasi) continuous time prisoner's dilemmas. We find that …
Persistent link: https://www.econbiz.de/10013091990
Existing studies of exit delay typically focus on rational, behavioral, or organizational explanations in isolation. We integrate these different theoretical explanations, developing testable hypotheses for each, and examine them using the population of US banks between 1984 and 1997. Banks'...
Persistent link: https://www.econbiz.de/10013038698
Persistent link: https://www.econbiz.de/10013167089
We study preferences over lotteries that pay a xed prize at an uncertain future date: what we call time lotteries. The … standard model of risk and time preferences, Expected Discounted Utility, implies that individuals must be risk seeking towards … contributions are theoretical. First, we show that risk aversion over time lotteries can be captured by a generalization of Expected …
Persistent link: https://www.econbiz.de/10012910871
This paper investigates the effectiveness of time-dependent data in improving the quality of AI-based products and … services. Time-dependency means that data loses its relevance to problems over time. This loss causes deterioration in the … algorithm's performance and, thereby, a decline in created business value. We model time-dependency as a shift in the …
Persistent link: https://www.econbiz.de/10012824741