Results 1 to 10 of about 168 (164)

Saving and Dissaving With Hyperbolic Discounting [PDF]

open access: yesEconometrica, 2018
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Cao, Dan, Werning, Ivan
openaire   +5 more sources

Hyperbolic discounting and secondary markets [PDF]

open access: yesGames and Economic Behavior, 2003
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Volker Nocke, Martin Peitz
openaire   +3 more sources

Over-savings and hyperbolic discounting [PDF]

open access: yesEuropean Economic Review, 2006
Abstract Hyperbolic discounting models are widely seen as implying that consumers do not save enough, in accordance with the observed low rates of savings of some households. This paper qualifies this view by showing that hyperbolic consumers may ‘oversave’ in the short run.
Salanie, François, Treich, Nicolas
openaire   +4 more sources

Quasi-Hyperbolic Discounting And Retirement [PDF]

open access: yesSSRN Electronic Journal, 2000
There is overwhelming psychological evidence that some people run into self-control problems regularly, yet the effect of these findings on major life-cycle decisions hasn't been studied in detail. This paper extends Laibson's quasi-hyperbolic discounting savings model, in which each intertemporal self realizes that her time discount structure will ...
Peter Diamond, Botond Köszegi
openaire   +1 more source

Consumption and Risk with hyperbolic discounting [PDF]

open access: yesEconomics Letters, 2007
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Liutang Gong, William Smith, Heng-fu Zou
openaire   +2 more sources

Hyperbolic Discounting and the Phillips Curve [PDF]

open access: yesJournal of Money, Credit and Banking, 2004
Using a standard dynamic general equilibrium model, we show that the interaction of staggered nominal contracts with hyperbolic discounting leads to inflation having significant long‐run effects on real variables.
Graham, Liam, Snower, Dennis J.
openaire   +7 more sources

A Deeper Look at Hyperbolic Discounting [PDF]

open access: yesTheory and Decision, 2006
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Sopher, Barry, Sheth, Arnav
openaire   +2 more sources

Hyperbolic discounting and endogenous growth [PDF]

open access: yesEconomics Letters, 2015
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +5 more sources

Hyperbolically Discounted Temporal Difference Learning [PDF]

open access: yesNeural Computation, 2010
Hyperbolic discounting of future outcomes is widely observed to underlie choice behavior in animals. Additionally, recent studies (Kobayashi & Schultz, 2008 ) have reported that hyperbolic discounting is observed even in neural systems underlying choice.
William H. Alexander, Joshua W. Brown
openaire   +3 more sources

Hyperbolic Discounting and Positive Optimal Inflation [PDF]

open access: yesSSRN Electronic Journal, 2011
The Friedman rule states that steady-state welfare is maximized when there is deflation at the real rate of interest. Recent work by Khan, King, and Wolman [Review of Economic Studies10 (4), 825–860] uses a richer model but still finds deflation optimal.
Graham, Liam, Snower, Dennis J.
openaire   +9 more sources

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