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plans. We obtain explicit solutions in a stationary setting in which the financial market has different risk premia for …
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different concepts to analyse human behaviour: Economists use economic preference parameters rooted in utility theory, while …
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We study risky inter-temporal choice in a large random student sample (n=721) and a large rural sample (n=835) in Malawi. All respondents were exposed to the same 20 Multiple Choice Lists with a rapid elicitation method that facilitated the identification of near-future Certainty Equivalents of...
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