Results 11 to 20 of about 168 (164)
Global Warming and Hyperbolic Discounting [PDF]
SSRN Electronic Journal, 2003 The use of a constant discount rate to study long-lived environmental problems such as global warming has two disadvantages: The prescribed policy is sensitive to the discount rate, and with moderate discount rates, large future damages have almost no effect on current decisions.
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Hyperbolic discounting and the standard model: Eliciting discount functions [PDF]
Journal of Economic Theory, 2009 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Golden Eggs and Hyperbolic Discounting [PDF]
The Quarterly Journal of Economics, 1997 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Hyperbolic discounting of delayed social interaction [PDF]
Learning & Behavior, 2012 The temporal discounting literature has demonstrated that the loss in value for delayed outcomes is most accurately modeled using a hyperbolic discounting equation. The hyperbolic-shaped function not only describes the shape of discounting for monetary outcomes, but also for other tangibles, such as alcohol, candy, CDs, erotica, cigarettes, cocaine ...
Shawn R, Charlton +2 more
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Hyperbolic discounting of the far-distant future [PDF]
Economics Letters, 2017 We prove an analogue of Weitzman's (1998) famous result that an exponential discounter who is uncertain of the appropriate exponential discount rate should discount the far-distant future using the lowest (i.e., most patient) of the possible discount rates.
Anchugina, Nina +2 more
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Generalized Hyperbolic Discounting in Security Games of Timing
Games, 2023 In recent years, several high-profile incidents have spurred research into games of timing. A framework emanating from the FlipIt model features two covert agents competing to control a single contested resource. In its basic form, the resource exists forever while generating value at a constant rate.
Jonathan S. A. Merlevede +3 more
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Axiomatization and Measurement of Quasi-Hyperbolic Discounting * [PDF]
The Quarterly Journal of Economics, 2014 AbstractThis article provides an axiomatic characterization of quasi-hyperbolic discounting and a more general class of semi-hyperbolic preferences. We impose consistency restrictions directly on the intertemporal trade-offs by relying on what we call “annuity compensations.” Our axiomatization leads naturally to an experimental design that ...
Montiel Olea, J. L., Strzalecki, Tomasz
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Hyperbolic discounting and uniform savings floors [PDF]
Journal of Public Economics, 2007 Previous research suggests that, in partial equilibrium, individuals whose decision-making exhibits a present-bias--such as hyperbolic discounters who tend to over-consume--will be in favor of having a floor imposed on their savings. In this paper, I show it is quite difficult for the introduction of a savings floor to be Pareto-improving in general ...
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Are all meats substitutes? A basket‐and‐expenditure‐based approach
Agribusiness, EarlyView.Abstract This study examines the relationship among animal‐based meat and plant‐based meat alternatives (PBMAs) using a basket‐and‐expenditure‐based choice experiment. In particular, we examine whether animal‐based meat products are substitutes or complements with PBMAs.
Clinton L. Neill, Logan L. Britton
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Agribusiness, EarlyView.Abstract This study examines producer participation choices considering a variety of potential benefits linked to state‐sponsored marketing programs, using a real choice dataset of farmers in Missouri. Multinomial logit models are employed to predict determinants of farmer enrollment in three tiers of the Missouri Grown local food marketing program ...
Lan Tran, Ye Su, Laura McCann
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