This paper introduces a life-cycle model where impatience, instead of being driven by an exogenous discount function, results from the combination of risk aversion and mortality risks.
Antoine Bommier
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Procrastination and Impatience [PDF]
There is a large body of literature documenting both a preference for immediacy and a tendency to procrastinate. O'Donoghue and Rabin (1999a,b, 2001) and Choi et al. (2005) model these behaviors as the two faces of the same phenomenon.
Ernesto Reuben +2 more
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Patience with foster children as a major problem for grandparents in the role of kinship carers aged 60 + and the psychosocial determinants of this deficit. [PDF]
BMC Geriatr, 2023 Giezek M +3 more
europepmc +1 more source
Complete Monotonicity of the Representative Consumer's Discount Factor [PDF]
A univariate real-valued function is said to be completely monotone if it takes positive values and alternate the signs of its higher order derivatives, starting from everywhere negative first derivatives.
Hara, Chiaki
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Changing time and emotions [PDF]
In this paper, we consider that our experience of time (to come) depends on the emotions we feel when we imagine future pleasant or unpleasant events.
Pierre-Yves Geoffard, Stephane Luchini
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Properties of the Social Discount Rate in a Benthamite Framework with Heterogeneous Degrees of Impatience [PDF]
This paper derives the properties of the discount rate that should be applied to a public-sector project when the affected population has heterogeneous degrees of impatience.
Clotilde Napp +2 more
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Hyperbolic discounting may be time consistent [PDF]
Using dynamic programming methodology, the paper analyzes the most general conditions for an additive utility functional to represent time consistent preferences.
Nicolas Drouhin
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With Exhaustible Resources, Can A Developing Country Escape From The Poverty Trap? [PDF]
This paper studies the optimal growth of a developing non-renewable natural resource producer. It extracts the resource from its soil, and produces a single consumption good with man-made capital. More- over, it can sell the extracted resource abroad and
Cuong Le Van +2 more
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Pension Contributions as a Commitment device: evidence of sophistication among time-inconsistent households [PDF]
Sophisticated agents with self-control problems value commitment devices that constrain future choices. Using Australian household data, I test whether these households value commitment devices in the form of illiquid pension contributions.
Patricia Sourdin
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Impact of infectious disease pandemics on individual lifetime consumption: An endogenous time preference approach. [PDF]
J Macroecon, 2023 Hosoya K.
europepmc +1 more source