Results 21 to 30 of about 14,424,041 (271)
The improving sequence effect on monetary sequences
Experimental studies reveal a preference for improving income sequences, challenging the axioms of the discounted utility model, such as the present value maximization principle.
Adriana Garcia +2 more
doaj +1 more source
Private and social time preference for health outcomes: A general population survey in Iran.
Despite the recent increase in economic evaluations of health care programs in low and middle income countries, there is still a surprising gap in evidence on the appropriate discount rate and the discounting of health outcomes such as quality adjusted ...
Alireza Mahboub-Ahari +4 more
doaj +1 more source
A model of reward- and effort-based optimal decision making and motor control. [PDF]
Costs (e.g. energetic expenditure) and benefits (e.g. food) are central determinants of behavior. In ecology and economics, they are combined to form a utility function which is maximized to guide choices. This principle is widely used in neuroscience as
Lionel Rigoux, Emmanuel Guigon
doaj +1 more source
Optimal Consumption in a Stochastic Ramsey Model with Cobb-Douglas Production Function
A stochastic Ramsey model is studied with the Cobb-Douglas production function maximizing the expected discounted utility of consumption. We transformed the Hamilton-Jacobi-Bellman (HJB) equation associated with the stochastic Ramsey model so as to ...
Md. Azizul Baten, Anton Abdulbasah Kamil
doaj +1 more source
A Consistent Relaxation of the Consumption Invariant Rate in the Discounted-Utility Model
The main theoretical contribution of this paper is a mechanical result that relates growth rates across n commodities. We examplify through a 2-commodity economy of health and money where the results of current health economic theory are confirmed using this technology.
Parouty, Mehraj Bin Yasaar +2 more
openaire +3 more sources
Background: Complicated urinary tract infection (cUTI) is often associated with drug-resistant pathogens and requires therapy with broad-spectrum antibiotics.
Guan-Jhou Chen +5 more
doaj +1 more source
Farmers’ contract breach behavior is cited as one of the major stumbling blocks in the sustainable expansion of contract farming in many developing countries. This paper examines farmers’ contract breach decisions from the perspective of time preferences.
Jing HOU +3 more
doaj +1 more source
application/pdf; "February 14, 2008."; Testimony before the Kansas Legislature, Senate Utilities Committee, presented by David Springe, Consumer Counsel, Citizens' Utility Ratepayer Board.Testimony regarding Senate Bill 555.
Springe, David.
core +3 more sources
Peanuts effect in intertemporal decision-making processes.
The intertemporal choice refers to the individual decision-making process when analyzing the preferences between two rewards with different due dates. That is to say, it aims to analyze the preferences between two rewards (x1,t1) and (x2,t2) , where x1x2
Salvador Cruz Rambaud +1 more
doaj +1 more source
Previous studies have demonstrated that working memory capacity plays a central role in delay discounting in people with externalizing psychopathology. These studies used a hyperbolic discounting model, and its single parameter-a measure of delay discounting-was estimated using the standard method of searching for indifference points between ...
Junyi Dai +4 more
openaire +3 more sources

