Results 11 to 20 of about 29,420 (265)
Discounting the Discounted Projection Approach [PDF]
North American Actuarial Journal, 2021 UK equity release actuaries are using a flawed approach to value the no-negative equity guarantees in their equity release mortgages. The approach they use, the Discounted Projection approach, incorrectly uses projected future house prices as the underlying prices in their put option pricing equations.
Dean Buckner, Kevin Dowd
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Economic Inquiry, 2019 We investigate the practice of framing a price as a discount from an earlier price, with information such as “was $200, now $100.” We discuss two reasons why a discounted price—rather than a merely low price—can make a consumer more willing to purchase.
Armstrong, Mark, Chen, Yongmin
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Microfoundations of Discounting [PDF]
SSRN Electronic Journal, 2019 An important question in economics is how people choose between different payments in the future. The classical normative model predicts that a decision maker discounts a later payment relative to an earlier one by an exponential function of the time between them.
Alexander Adamou +3 more
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Discounting behavior: A reconsideration [PDF]
European Economic Review, 2014 We re-evaluate the theory, experimental design and econometrics behind claims that individuals exhibit non-constant discounting behavior. Theory points to the importance of controlling for the non-linearity of the utility function of individuals, since the discount rate is defined over time-dated utility flows and not flows of money.
Andersen, S. +3 more
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Information Processing Letters, 2022 We study the $k$-median with discounts problem, wherein we are given clients with non-negative discounts and seek to open at most $k$ facilities. The goal is to minimize the sum of distances from each client to its nearest open facility which is discounted by its own discount value, with minimum contribution being zero.
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Delay discounting and family history of psychopathology in children ages 9–11
Scientific Reports, 2023 Delay discounting is a tendency to devalue delayed rewards compared to immediate rewards. Evidence suggests that steeper delay discounting is associated with psychiatric disorders across diagnostic categories, but it is unclear whether steeper delay ...
Matthew E. Sloan +3 more
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Discounting and Digit Ratio: Low 2D:4D Predicts Patience for a Sample of Females
Frontiers in Behavioral Neuroscience, 2018 Inter-temporal trade-offs are ubiquitous in human decision making. We study the relationship between preferences over such trade-offs and the ratio of the second digit to that of the forth (2D:4D), a marker for pre-natal exposure to sex hormones ...
Diego Aycinena, Lucas Rentschler
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To Discount or Not to Discount?
, 2020 Discounting future health benefits when computing the global burden of disease has been highly debated. This chapter reviews some arguments in favor of discounting. The authors first propose a general theory of discounting for health benefits, based on a social welfare approach. They review two well-known arguments in favor of discounting: the infinite
Zuber, Stéphane, Fleurbaey, Marc
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The Discounting of Discounts and Promotion Thresholds
Journal of Consumer Research, 1992 This study examines consumers' response to retailers' price promotions. It shows that consumers discount the price discounts. It also suggests that the discounting of discounts and changes in purchase intention depend on the discount level, store image, and whether the product advertised is a name brand or a store brand. The study goes one step further
Gupta, Sunil, Cooper, Lee G
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Critical Discount Factor Values in Discounted Supergames [PDF]
Games, 2018 This paper examines the subgame-perfect equilibria in symmetric 2×2 supergames. We solve the smallest discount factor value for which the players obtain all the feasible and individually rational payoffs as equilibrium payoffs. We show that the critical discount factor values are not that high in many games and they generally depend on how large the ...
Kärki, Markus, Berg, Kimmo
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