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, quasi-hyperbolic discounting as well as subjective failure probability over future payments. We investigate the predictive …
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Numerous studies have investigated how people resolve intertemporal trade-offs in individual decision making, but little is known about how the timing of costs and benefits affects behavior in strategic decision situations. Here, we experimentally study how delayed costs and/or benefits affect...
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is characterized by envy-guilt asymmetry in discounting with respect to future generations' utility: Higher utility than …
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economically realistic models have led to the application of various forms of economic discounting to the contested resource. This … paper investigates the application of a two-parameter economic discounting method, called generalized hyperbolic discounting …, and characterizes the game’s Nash equilibrium conditions. We prove that for agents discounting such that accumulated value …
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effects, these results can be solely attributed to present-biased discounting under the pay-later scheme. These results imply …
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