Results 91 to 100 of about 25,750 (197)
Discounting and Future Selves [PDF]
Is discounting of future instantaneous utilities consistent with altruism towards future selves? More precisely, can temporal preferences, expressed as a sum of discounted instantaneous utilities, be derived from a representation in the form of a sum of ...
Sáez-Martí, María +1 more
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Cultural Neuroeconomics of Intertemporal Choice [PDF]
According to theories of cultural neuroscience, Westerners and Easterners may have distinct styles of cognition (e.g., different allocation of attention).
Cannas, Sergio +5 more
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Expected exponential discounting in inter-temporal decision making
Peer ...
Tom H. Rosenström, Alasdair I. Houston
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Indexical utility: another rationalization of exponential discounting
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.
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Beyond Exponentially Discounted Sum: Automatic Learning of Return Function
In reinforcement learning, Return, which is the weighted accumulated future rewards, and Value, which is the expected return, serve as the objective that guides the learning of the policy. In classic RL, return is defined as the exponentially discounted sum of future rewards.
Wang, Yufei, Ye, Qiwei, Liu, Tie-Yan
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A neuroeconomic theory of rational addiction and\ud nonlinear time-perception. [PDF]
Neuroeconomic conditions for “rational addiction” (Becker and Murphy, 1988) have\ud been unknown. This paper derived the conditions for “rational addiction” by utilizing a\ud nonlinear time-perception theory of “hyperbolic” discounting, which is ...
Takahashi, Ph.D Taiki
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An Exponential Cox-Ingersoll-Ross Process as Discounting Factor
We consider an economic agent (a household or an insurance company) modelling its surplus process by a deterministic process or by a Brownian motion with drift. The goal is to maximise the expected discounted spendings/dividend payments, given that the discounting factor is given by an exponential CIR process.
Eisenberg, Julia, Mishura, Yuliya
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Rising indebtedness and hyperbolic discounting: a welfare analysis [PDF]
Is the observed rapid increase in consumer debt over the last three decades good news for consumers? This paper quantitatively studies macroeconomic and welfare implications of relaxing borrowing constraints when consumers exhibit a hyperbolic ...
Makoto Nakajima
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Akrasia – status of weak-willed actions in philosophy of law [PDF]
Akrasia, or weak-will, is a term denoting a phenomenon when one acts freely and intentionally contrary to his or her better judgment. Discussion of akrasia originates in the Plato's Protagoras where he states that “No one who either knows or believes ...
Banaś, Paweł
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Reversing coma by senolytics and stem cells: the future is now
Global cerebral ischemia (GCI) caused by impaired blood flow to the brain—typically following cardiac arrest or traumatic brain injury—remains the leading cause of coma and disorders of consciousness (DoC).
Thomas E. Ichim +13 more
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