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IEEE Transactions on Automatic Control, 2001
Summary: Markov decision processes MDPs with discounted cost are equivalent to processes with a finite-random duration, and, hence, the discount factor models a (random) time horizon for the life of the process. We elaborate on this idea, but show that an objective function which is a linear combination of several discounted costs (each with a ...
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Summary: Markov decision processes MDPs with discounted cost are equivalent to processes with a finite-random duration, and, hence, the discount factor models a (random) time horizon for the life of the process. We elaborate on this idea, but show that an objective function which is a linear combination of several discounted costs (each with a ...
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Energy Policy, 1995
A ‘discount rate’ for the consumption of future generations from current investments for their benefit is typically composed of two parts: ‘time preference’ and an allowance for the lower marginal utility of consumption due to higher average levels of consumption in the future.
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A ‘discount rate’ for the consumption of future generations from current investments for their benefit is typically composed of two parts: ‘time preference’ and an allowance for the lower marginal utility of consumption due to higher average levels of consumption in the future.
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DISCOUNT COUPONS: Beyond the Price Discount Effect
1994Paper included in Proceedings from the Promotion in the Marketing Mix: What Works, Where and Why, NEC-63 Conference, Toronto, Canada, 1994. Ellen Goddard and Daphne Taylor, editors, pp.42-52.
Larson, Ronald B., Larson, Ronald B.
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Discounting and Global Environmental Change
Annual Review of Environment and Resources, 2021Stephen Polasky
exaly
Gambling for a discount: Preferring discount per item to discount per purchase?
Advances in Consumer Research, 2009Kamleitner, Bernadette +2 more
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Measuring state changes in human delay discounting: an experiential discounting task
Behavioural Processes, 2004Brady Reynolds
exaly +2 more sources
AREA UNDER THE CURVE AS A MEASURE OF DISCOUNTING
Journal of the Experimental Analysis of Behavior, 2001Joel Myerson, Leonard Green
exaly