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Redistribution and persistent exploitation in an accumulation economy with decreasing marginal impatience

Review of Social Economy, 2019
A variant of John Roemer’s accumulation economy is studied in which agents have identical payoff functions characterized by decreasing marginal impatience (DMI), such that time discount rates are d...
openaire   +1 more source

Decreasing Impatience: A Criterion for Non‐stationary Time Preference and “Hyperbolic” Discounting

The Scandinavian Journal of Economics, 2004
AbstractDespite recent interest in hyperbolic discounting, there has been little discussion of exactly what property of time preferences is instantiated by hyperbolic or quasi‐hyperbolic functional forms. The paper revives an earlier proposal in Prelec (1989) that the key property is Pratt–Arrow convexity of the log of the discount function, which ...
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Time-consistent stopping under decreasing impatience

Finance and Stochastics, 2017
Yu-Jui Huang
exaly  

Optimal growth and impatience: A phase diagram analysis

International Journal of Economic Theory, 2009
Fwu-Ranq Chang
exaly  

On Decreasing Marginal Impatience

2016
Shinsuke Ikeda, Ikeda Shinsuke
exaly  

A dynamic impatience-determined cellular automata model for evacuation dynamics

Simulation Modelling Practice and Theory, 2019
Meng Shi, Eric Wai Ming Lee
exaly  

Increasing marginal impatience and intertemporal substitution

Journal of Economics/ Zeitschrift Fur Nationalokonomie, 2000
Takashi Kamihigashi   +1 more
exaly  

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