uncertainty by a measure of confidence. Special cases of the model comprise discounting under smooth ambiguity aversion as well as … discounting under a disentanglement of risk aversion from aversion to intertemporal substitution. The paper characterizes the … of the Ramsey discounting formula that takes into account confidence into future growth estimates and a measure of …

assumption of (intertemporal) risk neutrality reduces the growth effect in social discounting and significantly amplifies the …

The discounting of future felicity flows transposes to the intertemporal optimization context the assumption of … a production process stems from a standard problem that now also embeds delay evaluation - discounting; a rationale for …

imposing any structural assumption on the instantaneous utility, intertemporal utility or the discounting functions. We find … assumption that discounting is consistent across domains can lead to non-negligible prediction errors in models involving non …

importance of this finding by demonstrating that a canonical life-cycle model with decreasing discounting significantly improves … its fit to consumption and asset data relative to the model with constant discounting. …

substantially across studies with reported mean at the value of 0.4. We detect presence of selective reporting in the discounting … literature using a meta-analytical methods. Our results suggest that relevant discounting literature overestimates the discount … effect of time horizon presented within the discounting task. Our results support the external validity of experiments …