Results 21 to 30 of about 14,444 (299)
Hyperbolic Discounting and Positive Optimal Inflation [PDF]
SSRN 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.
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Projection bias, sophistication, and sub-additive discounting
Journal of Management Science and Engineering, 2019 :: Behavioral studies have revealed the sub-additive discounting pattern, which is at odds with the prevailing hyperbolic discounting framework that explains intertemporal choices. In this study, we demonstrate that completely and partially sophisticated
Shou Chen +3 more
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Hyperbolic discounting and endogenous growth [PDF]
Economics Letters, 2015 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Attention-deficit/hyperactivity disorder, delay discounting, and risky financial behaviors: A preliminary analysis of self-report data. [PDF]
PLoS ONE, 2017 Delay discounting-often referred to as hyperbolic discounting in the financial literature-is defined by a consistent preference for smaller, immediate rewards over larger, delayed rewards, and by failure of future consequences to curtail current ...
Theodore P Beauchaine +2 more
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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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Consumption and Risk with hyperbolic discounting [PDF]
Economics Letters, 2007 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Liutang Gong, William Smith, Heng-fu Zou
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New designs for research in delay discounting [PDF]
Judgment and Decision Making, 2011 The two most influential models in delay discounting research have been the exponential (E) and hyperbolic (H) models. We develop a new methodology to design binary choice questions such that exponential and hyperbolic discount rates can be purposefully ...
John R. Doyle +4 more
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Frontiers in Behavioral Neuroscience, 2014 The tendency to make unhealthy choices is hypothesized to be related to an individual's temporal discount rate, the theoretical rate at which they devalue delayed rewards.
Giles eStory +5 more
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Hyperbolic Discounting and the Phillips Curve [PDF]
Journal 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.
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PLoS ONE, 2021 One method known to increase preference for larger, later rewards (LLRs) over smaller, sooner rewards (SSRs) is choice bundling, in which a single choice produces a series of repeating consequences over time. The present study examined whether effects of
Jeffrey S. Stein, Gregory J. Madden
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