Results 11 to 20 of about 1,181 (229)
Measuring Impatience in Intertemporal Choice. [PDF]
PLoS ONE, 2016 In general terms, decreasing impatience means decreasing discount rates. This property has been usually referred to as hyperbolic discounting, although there are other discount functions which also exhibit decreasing discount rates. This paper focuses on
Salvador Cruz Rambaud +1 more
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Time-consistent stopping under decreasing impatience [PDF]
Finance and Stochastics, 2015 Under non-exponential discounting, we develop a dynamic theory for stopping problems in continuous time. Our framework covers discount functions that induce decreasing impatience. Due to the inherent time inconsistency, we look for equilibrium stopping policies, formulated as fixed points of an operator.
Huang, Yu-Jui, Nguyen-Huu, Adrien
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Decreasing Marginal Impatience in a Monetary Growth Model [PDF]
SSRN Electronic Journal, 2004 Unlike the standard assumption that the degree of impatience, measured by the rate of time preference, is increasing in wealth, empirical studies support that impatience is marginally decreasing. By introducing decreasing marginal impatience into the neoclassical monetary growth model a la Sidrauski, we show that (i) consistently with empirical results,
Hirose, Ken-Ichi, Ikeda, Shinsuke
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Aggregating time preferences with decreasing impatience
, 2016 It is well-known that for a group of time-consistent decision makers their collective time preferences may become time-inconsistent. Jackson and Yariv (2014) demonstrated that the result of aggregation of exponential discount functions always exhibits present bias.
Anchugina, Nina +2 more
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Irreversible investment under weighted discounting: effects of decreasing impatience
This paper employs an intra-personal game-theoretic framework to investigate how decreasing impatience influences irreversible investment behaviors in a continuous-time setting. We consider a capacity expansion problem under weighted discount functions, a class of nonexponential functions that exhibit decreasing impatience, including the hyperbolic ...
Wei, Pengyu, Wei, Wei
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The Effect of Group Counseling based on Choice Theory on Homesickness and Emotion of Thought [PDF]
Journal of Modern Psychology, 2022 The present study compared the effectiveness of group counseling based on choice theory on homesickness and emotion of thought. Research design was quasi-experimental administering a pretest-posttest on an experimental and a control group. The population
Alireza Nikmorad +2 more
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A Criticism of Doyle's survey of time preference: A correction regarding the CRDI and CADI families [PDF]
Judgment and Decision Making, 2013 Doyle's (2013) theoretical survey of discount functions criticizes two parametric families abbreviated as CRDI and CADI families. We show that Doyle's criticisms are based on a mathematical mistake and are incorrect.
Han Bleichrodt +3 more
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A measurement of decreasing impatience for health and money [PDF]
Journal of Risk and Uncertainty, 2016 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.
Bleichrodt, Han +2 more
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An Extension of the Concept of Derivative: Its Application to Intertemporal Choice
Mathematics, 2020 The framework of this paper is the concept of derivative from the point of view of abstract algebra and differential calculus. The objective of this paper is to introduce a novel concept of derivative which arises in certain economic problems ...
Salvador Cruz Rambaud +1 more
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Mathematics, 2020 The framework of this paper is intertemporal choice and, more specifically, the so-called delay effect. Traditionally, this anomaly, also known as decreasing impatience, has been revealed when individuals reverse their preferences over monetary or non ...
Salvador Cruz Rambaud +1 more
doaj +1 more source