Results 231 to 237 of about 7,128,336 (237)
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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 ...
D. Prelec
semanticscholar   +2 more sources

On Decreasing Marginal Impatience, Stability and Monetary Policy in a Sidrauskian Economy

Metroeconomica, 2018
AbstractThis paper analyzes the long‐run dynamics with which decreasing marginal impatience (DMI) is consistent with a saddle‐path equilibrium in a Sidrauskian economy. With exogenous growth, this occurs with a strong substitutability between capital and money.
S. Daway
semanticscholar   +2 more sources

Decreasing and increasing marginal impatience and the terms of trade in an interdependent world economy

Journal of Economic Dynamics and Control, 2012
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Ken-ichi Hirose, Shinsuke Ikeda
semanticscholar   +3 more sources

Sensitivity of Optimal Capacity to Customer Impatience in an Unobservable M/M/S Queue (Why You Shouldn't Shout at the DMV)

Manufacturing & Service Operations Management, 2009
This paper employs sample path arguments to derive the following convexity properties and comparative statics for an M/M/S queue with impatient customers.
Mor Armony   +2 more
semanticscholar   +1 more source

The age of impatience: optimal replication schemes for opportunistic networks

Conference on Emerging Network Experiment and Technology, 2009
Joshua Reich, A. Chaintreau
semanticscholar   +1 more source

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