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experimentally the effects of discounting differentials in infinitely repeated coordination games. In our data, differential discount …. Introducing even small discounting differentials reduces coordination failures significantly. Second, with pronounced discounting …
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Recursive preferences have found widespread application in representative-agent asset-pricing models and general equilibrium. A majority of these applications exploit two decision-theoretic properties not shared by the standard model of intertemporal choice: (i) agents care about the...
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experimentally the effects of discounting differentials in infinitely repeated coordination games. In our data, differential discount …. Introducing even small discounting differentials reduces coordination failures significantly. Second, with pronounced discounting …
Persistent link: https://www.econbiz.de/10014348138
experimentally the effects of discounting differentials in infinitely repeated coordination games. In our data, differential discount …. Introducing even small discounting differentials reduces coordination failures significantly. Second, with pronounced discounting …
Persistent link: https://www.econbiz.de/10014348845
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