Results 11 to 20 of about 7,128,336 (237)
Strategic Growth with Recursive Preferences: Decreasing Marginal Impatience [PDF]
This paper studies a two-agent strategic model of capital accumulation with heterogeneity in preferences and income shares. Preferences are represented by recursive utility functions that satisfy decreasing marginal impatience.
Luis Alcalá, F. Tohmé, C. Dabús
semanticscholar +6 more sources
A measurement of decreasing impatience for health and money [PDF]
This paper measures deviations from constant discounting and compares these deviations for health and money. Our measurements make no assumptions about utility and do not require separability of preferences over time. In an experiment, most subjects were decreasingly impatient, but a substantial minority was increasingly impatient.
H. Bleichrodt +2 more
semanticscholar +3 more sources
LAG-1: A dynamic, integrative model of learning, attention, and gaze. [PDF]
It is clear that learning and attention interact, but it is an ongoing challenge to integrate their psychological and neurophysiological descriptions. Here we introduce LAG-1, a dynamic neural field model of learning, attention and gaze, that we fit to ...
Barnes J +3 more
europepmc +3 more sources
Inequality and catching-up under decreasing marginal impatience
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Kazumichi Iwasa, Laixun Zhao
semanticscholar +2 more sources
Uncertainty Breeds Decreasing Impatience: The Role of Risk Preferences in Time Discounting [PDF]
Future events are uncertain by their very nature. Therefore, people's risk preferences are likely to play a role in the valuation of allegedly guaranteed future outcomes. We show that future uncertainty conjointly with people's proneness to nonlinear probability weighting generates a unifying framework for explaining many anomalies in intertemporal ...
Thomas Epper +2 more
semanticscholar +3 more sources
On decreasing impatience [PDF]
In the theory of endogenous time preference, one of the most common and most controversial assumptions is that the degree of impatience, measured by the rate of time preference, is increasing in wealth.
Hirose, Ken-ichi, Ikeda, Shinsuke
core +4 more sources
Optimal growth and impatience : a phase diagram analysis [PDF]
In this paper we show that we can replace the assumption of constant discount rate in the onesector optimal growth model with the assumption of decreasing marginal impatience without losing major properties of the model.
Chang, Fwu-Ranq
core +2 more sources
How innocuous is it to approximate globally decreasing impatience with quasi-hyperbolic discounting?
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
P. Calcott, Vladimir P. Petkov
semanticscholar +2 more sources
The hyperbolic factor : a measure of decreasing impatience
Many studies have found that discounting is hyperbolic rather than constant. Hyperbolicdiscounting is becoming increasingly popular in economic applications. Most studies thatprovide evidence in favor of hyperbolic discounting either are merely qualitative or theydepend on assumptions about, or parametric fittings of, utility functions.
Kirsten I. M. Rohde
semanticscholar +3 more sources
A measure of inconsistencies in intertemporal choice. [PDF]
The aim of this paper is to derive an index able to indicate if a discount function exhibits increasing or decreasing impatience, and, even, in the last case, whether the decreasing impatience is moderate or strong.
Cruz Rambaud S, González Fernández I.
europepmc +2 more sources

