Results 121 to 130 of about 154,147 (272)

Testable Implications of Exponential Discounting [PDF]

open access: yes, 2013
We develop a behavioral axiomatic characterization of exponentially discounted utility (EDU) over consumption streams. Given is an individual agent's behavior in the market: assume a finite collection of purchases across periods.
Echenique, Federico, Saito, Kota
core  

A theory of bond portfolios

open access: yes, 2005
We introduce a bond portfolio management theory based on foundations similar to those of stock portfolio management. A general continuous-time zero-coupon market is considered.
Ekeland, Ivar, Taflin, Erik
core   +1 more source

Individualized Treatment in Distal and Medium Vessel Occlusion Stroke Using a Validated Explainable Counterfactual Treatment Estimation Model

open access: yesAnnals of Neurology, EarlyView.
Objective The optimal treatment for distal medium vessel occlusion (DMVO) stroke remains uncertain, and evidence comparing endovascular therapy (EVT) with medical management (MM) is limited. We aimed to develop and validate a predictive modeling tool to assess individual treatment benefit in DMVO stroke using explainable counterfactual treatment ...
Mohamed F. Doheim   +14 more
wiley   +1 more source

Indexical utility: another rationalization of exponential discounting

open access: yesEconomics and Philosophy
AbstractThis paper is about time preferences, the phenomenon that the very same things are usually considered the less valuable the farther in the future they are obtained. The utilities of those things are discounted at a certain rate. The paper presents a novel normative argument for exponential discount rates, whatever their empirical adequacy.
openaire   +1 more source

Public infrastructures, public consumption and welfare in a new open economy macro model [PDF]

open access: yes
This paper focuses on the trade-off faced by governments in deciding the allocation of public expenditures between productivity-enhancing public infrastructures and utility-enhancing public consumption in a two-country model.
Ganelli , Giovanni, Tervala, Juha
core  

Discounted Subjective Expected Utility in Continuous Time

open access: yes
By embedding uncertainty into time, we obtain a conjoint axiomatic characterization of both Exponential Discounting and Subjective Expected Utility that accommodates arbitrary state and outcome spaces. In doing so, we provide a novel and simple time-interpretation of subjective probability.
Bastianello, Lorenzo   +1 more
openaire   +2 more sources

An axiomatic approach to sustainable development [PDF]

open access: yes
The paper proposes two axioms that capture the idea of sustainable development and derives the welfare criterion that they imply. The axioms require that neither the present nor the future should play a dictatorial role.
Chichilnisky, Graciela
core   +1 more source

Scalable Robust Kidney Exchange

open access: yes, 2018
In barter exchanges, participants directly trade their endowed goods in a constrained economic setting without money. Transactions in barter exchanges are often facilitated via a central clearinghouse that must match participants even in the face of ...
Bidkhori, Hoda   +2 more
core   +1 more source

Long-term cost-effectiveness analysis of rugby fans in training–New Zealand: a body weight reduction programme for males

open access: yesBMJ Open
Objectives We sought to extrapolate the long-term costs and clinical impacts attributed to the rugby fans in training–New Zealand (RUFIT-NZ) trial in Aotearoa, New Zealand.Design A modelled cost-effectiveness analysis using efficacy data from RUFIT-NZ ...
Kate Hunt   +12 more
doaj   +1 more source

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