Results 91 to 100 of about 25,835 (262)
Does observational equivalence always hold in hyperbolic discounting models? [PDF]
Observation equivalence holds in the hyperbolic discounting models such as Laibson (1996), Barro (1999), and Krusell et al (2002). We study a hyperbolic discounting model where the policy function cannot be replicated by a geometric discounting model ...
Gong Liutang, Zhu Shenghao
core
Time Inconsistency and Retirement Choice [PDF]
, 2015 Hyperbolic discounting with naiveté is widely believed to provide a better explanation than exponential discounting of why people borrow so much and why they wait so long to save for retirement. We reach a different set of conclusions.
Caliendo, Frank N., Findley, T. Scott
core +1 more source
Optimal Accelerated Life Testing Design Under Constrained Resources Using Double Deep Q‐Learning
Quality and Reliability Engineering International, EarlyView.ABSTRACT Accelerated life tests (ALTs) are essential tools for estimating product reliability under high‐stress conditions, allowing failure data to be collected in reduced timeframes. However, planning effective ALT configurations is a complex task that requires selecting stress levels, test durations, and unit allocations while accounting for limited
Allan Jonathan da Silva +3 more
wiley +1 more source
Latent Process Heterogeneity in Discounting Behavior [PDF]
We show that observed choices in discounting experiments are consistent with roughly one-half of the subjects using exponential discounting and one-half using quasi-hyperbolic discounting.
E. Elisabet Rutström +2 more
core
When should firms watch for cross‐industry competition? A demand‐side perspective
Strategic Management Journal, EarlyView.Abstract Research Summary Research on competitor identification has primarily focused on intra‐industry competition. However, cross‐industry competitive threats are prevalent and consequential. We adopt a consumer‐oriented perspective to examine how consumer perceptions shape de facto competition across industry boundaries.
Ying Li, Samira Reis, Olga M. Khessina
wiley +1 more source
Uniqueness in Infinitely Repeated Decision Problems [PDF]
Dynamic decision-making without commitment is usually modelled as a game between the current and future selves of the decision maker. It has been observed that if the time-horizon is infinite, then such games may have multiple subgame-perfect equilibrium
Vieille, Nicolas, Weibull, Jörgen W.
core
Neuroeconomics of suicide. [PDF]
, 2011 Suicidal behavior is a leading cause of injury and death worldwide. Suicide has been associated with psychiatric illnesses such as depression and schizophrenia, as well as economic uncertainty, and social/cultural factors.
Takahashi, Ph.D Taiki
core +2 more sources
IEEJ Transactions on Electrical and Electronic Engineering, EarlyView.Greenhouse cultivation offers the advantage of controlled growth conditions, leading to enhanced crop productivity and quality. However, maintaining these optimal conditions requires substantial energy, resulting in increased greenhouse gas emissions and operational costs. Integrating local renewable energy sources, particularly photovoltaic (PV) solar
Akihiro Funaki, Jorge Solis
wiley +1 more source
Discounting when income is stochastic and climate change policies [PDF]
We introduce stochastic income into the standard exponential discounting model and study dependence of effective discount rates on the type of the underlying stochastic process and agent's current income level. If the income follows a process with i.i.d.
Boyarchenko, Svetlana +1 more
core +1 more source
TNCOA: Efficient Exploration via Observation‐Action Constraint on Trajectory‐Based Intrinsic Reward
CAAI Transactions on Intelligence Technology, EarlyView.ABSTRACT Efficient exploration is critical in handling sparse rewards and partial observability in deep reinforcement learning. However, most existing intrinsic reward methods based on novelty rely on single‐step observations or Euclidean distances.
Jingxiang Ma, Hongbin Ma, Youzhi Zhang
wiley +1 more source