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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...
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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...
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Decreasing Impatience: A Criterion for Non‐stationary Time Preference and “Hyperbolic” Discounting
The Scandinavian Journal of Economics, 2004AbstractDespite 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, 2017Yu-Jui Huang
exaly
Optimal growth and impatience: A phase diagram analysis
International Journal of Economic Theory, 2009Fwu-Ranq Chang
exaly
A dynamic impatience-determined cellular automata model for evacuation dynamics
Simulation Modelling Practice and Theory, 2019Meng Shi, Eric Wai Ming Lee
exaly
Increasing marginal impatience and intertemporal substitution
Journal of Economics/ Zeitschrift Fur Nationalokonomie, 2000Takashi Kamihigashi +1 more
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